LTCETH trade ideas
LTC/ETH Long term elliottLTC/ETH Long term elliott
Annalysis Methods: Elliott Wave, Fibo re, Fibo ex, Fibo Time zone
LTC is facings a head and shoulders in its cross vs ETHIN the battle of the cryptos, LTCETH is showing early signs of a head and shoulders formation. I am personally long ETH having recently swapped for it from LTC
LTCETH quick 268 pipsNot sure how quick. Timing has never been my best skill.
This is based on some experimental research I am working on atm, so be aware. Can't for that reason also not disclose much unfortunately. Basic TA so far using pretty recent levels from late November.
Happy to read TA from others pointing at the same.
Happy trading!
LTCETH 2020++Historically, it looks like we've bottomed out, but this time is a bit different. The bottom pattern is taking much longer to form than previous touchbacks. If it holds above support, I expect to see a breakout year -- at least compared to ETH anyway. If it cannot hold the line, then LTC will be destroyed. Either way, the train is leaving the station soon. This post is going to be great to look back on in a few years. Let's see what happens.
LTCETHLTCETH
Buy in the region of 0.137 - 0.132
1 - 0.1450
2 - 0.1545
3 - 0.1676
Stop, fixing below 0.129
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Waiting for your comment, what do you think about this?
LTCETH - Weekly - about to breakout?I am not a financial advisor.
Actually I hold more ETH than LTC (in USD & BTC terms).
Fundamentally most DEFI and NFTs projects being built on ETH made my choice easier.
ETH 2.0 coming soon I would say all eyes are on ETH...
But again when all eyes are on ETH => the focus should be somewhere else...
Paypal news and ADA connection might bring some life to the LTC project.
Technically, until now, huge downtrend (since may 2019)...
...and right now price is touching Resistance (RSI and StochRSI weekly looks interesting at resistance).
Will these news be enough for LTC to break this downtrend???
Not saying that LTC will revert 100% the trend to previous highs but it might top out at certain horizontal support/resistance levels.
See chart for possible risk analysis at highlighted support/resistance levels.
Possible 1, 3, 7 and 16 risk/reward - surely other charts might have better Risk/Reward.
Please drop a line in the comments if you are aware of better Risk/Reward charts playing out at the moment.
It might be interesting doing similar exercise using Fib retracements.
many alts looks prime and similar set up against ETH.for more then a year I wasn't interest in LTC, now its time
LTCETH - REVERSALLTCETH Expected to Reverse and Outperform Ethereum
Price has been trading in a downward channel for the past months and is approaching the long term support where price has rebounded before multiple times
Technicals:
MACD on the daily is bearish, so may need a few days to reverse but weekly and monthly histograms are about to turn green (weekly) or reverse (monthly).
Stoch RSI shows oversold and is about to turn upwards in the next few days/+- 2weeks
Reversal Hammer weekly candle formed 10 Aug
Wait for a bounce from long term support and break in the downward channel to confirm a reversal
LTC/ETH LongLitecoin looks strongly bullish on the 4H in comparison to Ethereum
$ETH has been the Crypto Market leader lately and with $LTC
looking to outpace this leader it makes a good argument
to enter a long position here.
Reasons being:
-Kumo cloud twisted to bullish
-Bullish TK Cross above the cloud adds conviction
-Lagging Span is above the cloud making a stronger case
-Short term diagonal resistance broken and retested as support
Short term target is .18092 ETH
Good Long Term EntryOversold, near the bottom, and exhausted. LTC has been sleeping. Time to wake up.
ltceth free fallAlternative coins were not so cheap in compare to ethereum.
All are in free fall or ethereum is pumped by selling alts for ethereum and generating artificial ethereum deficit
LTC/ETHPrice of the Litecoin may spring from these levels very rapidly. Fundamentals of mimblewible are ready. This could be safe trade in this market with very solid potencial. We can also see that huge divergence on RSI appears. Long STRONG.
Support on mid line confirmed, channel createdI said that in my last ideas, ltc is trying to form a stable channel and down trend is done for now ...
We are in mid line and you can see the support on rsi and mid line ...
I can see that up trend is coming again and 19200 is possible again, I recommend you to do long in 18600 to 19000 and 19200
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe and good luck.
LTCETH Needs to lite'n up!LTCETH has obviously seen better days, but prices relative prices between major coins usually react to historical support and resistance levels. I've been waiting for this zone for a long time. Not a huge LTC fan, but I can't ignore the technical factors here. Hoping to accumulate on the way down and take profit on the way up. No short term rush, but I also wouldn't be surprised to see a mini ~10% pump to retest the wedge in the next couple of weeks.
