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LTCBTC

💡Don't miss the great buy opportunity in LTCBTC Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.004100). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . Litecoin/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 35. Take Profits: TP1= @ 0.004400 TP2= @ 0.004560 TP3= @ 0.004820 TP4= @ 0.005060 TP5= @ 0.005610 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
9
💡Don't miss the great buy opportunity in LTCBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.004100). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . Litecoin/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 35. Take Profits: TP1= @ 0.004400 TP2= @ 0.004560 TP3= @ 0.004820 TP4= @ 0.005060 TP5= @ 0.005610 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
27
LTCUSDT (Waiting for the Falling Wedge Breakout)#LTCUSDT Technical Analysis Update Waiting for the Falling Wedge Breakout LTC/USDT currently trading at $126.45 LONG ENTRY: Above $130.50 (Only enter if 1 h candle close above $130.50) STOP LOSS: I will update once I see the Breakout Resistance level 1 (Target 1): $138 Resistance level 1 (Target 2) : $145 Max leverage: 5X ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts.
COINBASE:LTCUSDLong
by GreenCryptoTrades
2
Litecoin: LTCBTC/ETHBTC Q1-Q2 2021 (Bullish Scenario) TA&FAI will discuss why I think LTC is a viable hedge against Ethereum and Bitcoin going into Q1-Q2 2021. The market is currently being pumped by institutional investors trying to get a small exposure to the "blue chip" of the cryptocurrency market. This has led to the utter domination of BTC and ties into the main caveat of my thesis. This analysis is dependent on whether BTC decides to cool off and range going into 2021. Assuming that it does, I believe investors; both institutional and retail, that "missed out" will want to seek out alternative options. At the current moment, there are arguably only a couple of other options, ETH and LTC. I am aware of ADA, LINK, and DOT but we will leave those out for now due to the uncertainty of their time variable which is something that institutions (big money) will stray away from. A lot of people might argue that ETH is the clear-cut second-best option, but they fail to realize how ambitious their goal really is. With the lengthy implementation of ETH 2.0 and the large fundamental risks associated with PoS, ETH might not be the best play for institutions at the moment. I'm certainly not bearish on ETH, but I can't ignore the fact that ETH 2.0 finalization is years away from completion. Another fundamental market variable to consider is the dead giant XRP that is soaking up $9 Billion in market cap. Obviously, I don't expect LTC to capture any significant portion of the MC, but XRP falling further would give LTC its #3 spot (excluding USDT) once again. This could serve as the initial catalyst for inflow and I expect it to happen relatively soon (Q1 2021). In addition, fungibility is something Bitcoin is bad at. Litecoin is solving this. I am not saying Litecoin is better than Bitcoin. BTC will always be #1 due to its truly unique fundamentals, in my opinion. However, with Mimblewimble implementation hopefully in Q2 2021. This might be the year for LTC to once again prove that it's not dead. Once again, this is just my personal opinion and pure speculation. I am not an expert by any means and this should serve as mostly general insight for others. I hope you all enjoyed the short read. I would love to hear any opinions, thank you. Best, PyschedCrypto
Long
by PsychedCrypto
2
LTCUSD: I can't be the only one seeing this Ascending TriangleThis ascending triangle appears to be a real humdinger. The green lines represent the baseline and upper limit of the monthly bollinger band and the bottom edge isn't included because of how it distorts the chart. Between 2016 and 2017 shows what an advantageous interaction between price and the monthly bollinger band would look like and I don't see that happening now. I do think we will see a retest of the triangle baseline and a break which will be quickly bought up. I refer you to my linked idea where I called silver futures taking an absolute thrashing BEFORE the COVID 19 dump. My target was a tad to bearish but the overall view was accurate. I see a similar fate in LTCUSD right now. It does seem audacious to call for a 90% drop in BTCUSD but that is what this triangle and fib retracement predict. Additionally the hidden bearish divergence also suggest a retrace is due. Perhaps we will merely see a retrace to the monthly baseline before we proceed forward but I have my doubts. If for some reason the triangle base holds we could see it turn into a massive saucer but I have my doubts. On the regular chart we see the black trend line has flipped from resistance to support. That is a major sign that retracement is due. Especially when it happens at the top of the monthly bollinger band. Here is a historic example of what I am talking about with BTCUSD. A long term trendline that has been both resistance and support comes back to haunt the coin at the monthly bollinger band. Another look at a this chart which is bearish in the intermediate is with a falling channel which ultimately creates a massive bull flag. I can almost hear the narrative now in a year or two time when people start conversating about how innately superior LTC to BTC, so forth and so on as this thing comes barreling out off consolidation pattern. But the next move is down and I'll be waiting at the dip. LTCBTC has this wedge structure and a lot of people are, I assume, hoping this is bullish for LTCUSD. I am not so sure. I suggest this predicts a retrace in both assets but with LTC initially leading the way and then recovering faster.
POLONIEX:LTCUSDShort
by This_Guhy
5