Gann - and biting the bullet?Showing the world my total ignorance on any and all Gann-principles. I like drawing Gann-fans though - looks like a lazer show.
LTCBTC trade ideas
LTC LongLTC on the dailys had a huge spike up, formed a HH, then has bled back to a near 100% retracement with barely a recovery.
I think we may form a huge Double bottom, or at least see some recovery come from the birth zone of the previous push up.
CCI just had a large spike out on the dailys, good chance it'll form divergence if we come down again to form
Entries are based on the Daily & 4H demand levels. But taken on the Bitmex contracts. Due to low liquidity and unknown price action at those levels, not going to set orders. Going to set alerts and act if price gets down there and I am able to take the trade. Risk dropped to 0.25R.
PHAT R:R's.
LTC about to takeoff against BTC!!!Litecoin has been getting held down heavy with this downtrend resistance and today we are seeing a big push up and through this resistance, we could be seeing the start of LTC really starting to regain its value against bitcoin. We got a very nice bounce with the MACD our blue MA is pushing higher and starting to separate away from the orange which is a very positive sign for a nice little run. We could see our histogram start another cycle of bullish bars after we saw a pretty brutal 3 cycle bearish histogram recently. We are upcoming on a very key pivot point where we could see a flip to the bulls side, we have to make sure we secure this PP and are able to hold onto it before i could really say we are seeing a full reversal. On the very positive side we are looking at the bollinger bands and we are very close to that top band which 99.9% of the time is a very bullish sign. if we can push up into the top band we have a high chance of taking that top band for a decent ride to the upside most likely smashing us right through that pivot point and probably upto that first resistance level, i think we are going to have a bit of a slow rest of the month for crypto and mostly altcoins but i believe we could be seeing the start of the build up before we see our next leg up, which i personally think could happen in august. Not financial advice just my opinion!
#LITECOIN $LTC Litecoin one of the blue chip in Crypto is currently completing its three tap setup ! where a low is formed and followed by a sweep of the lows and later comes a retest of the low which is currently completed and looking for longs at these current price !
|| LIKE APPRECIATED ||
LTC Ready To Pump IN 2-3 Months / Up to 20x Profit!We are in the end of a very long accumulation.
LTC price is a joke in these days.
Buy and hodl LTC.
You will never see LTC in these prices
LTCBTC. LONG. Complete SetupClock still ticking!.... "Bear" people nervous for what's going to happen.... This is a fully LTCBTC setup where fully reversal 1D MACD and RSI shows huge movement incoming!. Don't miss it. Follow me on this one too.
LTC ShortDailys:
LTC is ranging, recently formed a HH but then formed a LL, LH, LL. I think next logical progression is LH then back down to retest previous support at the weekly supply zone.
s3.tradingview.com
4H:
Daily, 4H supply zones line up well with 50 fib and 4H EQ level. We're possibly seeing the formation of a bear flag that'll head up before getting rejected and heading down, forming the LH on the dailys and giving us a 100% fib retracement on the weekly move.
Can't short on Spot so taken on the mex contracts, risk of low liquidity and haven't trade LTC in a long time so only taken for 0.25R
s3.tradingview.com
LTC BTC - from bottom to top within 4-8 weeks on AVERAGEAccording to historical performance, LTC only takes 4-8 weeks to go from the macro bottom to the macro top.
If BTC recovers properly within the next few days, I assume for history to repeat. For all those who are blind, if BTC has not been manipulated (according to on-chain data this has clearly been the case) to -55%
then LTC could have already seen 0.015 BTC by now, just like ETC which followed right after the ETH euphoria.
#LTC, 430k sats retest inc#LTC
430k sats retest inc
UCTS turning bullish (buy signals) on 12H and lower timeframes
$LTC
LTCBTC confirmed a break out#LTCBTC
price broke out a long term resistance and confirmed it as support so
Long term move shows a new rally
LTC/BTC on track to new cycle highThe trend will be true under the following assumptions:
- BTC 2021 cycle ends around the 3rd quarter of 2021
- BTC continues with the overall uptrend
I assume a rather quick run up, based on previous behaviour.
The upper line is the most conservative one, which is why I consider it low risk up to that point.
To reach a value of approximately 0.014 BTC for each LTC requires no euphoria. WITH euphoric growth however (starting above 0.015 BTC), targets far beyond the upper trend line will be reached.
3x your #Bitcoin by trading #LTC BUY CLOSE TO 0.004
SELL CLOSE TO 0.014
Triple your #BTC in ONE MOVE by trading LITECOIN (MimbleWible coming in)
#CRYPTO market halfway point for a strong 2nd half of 2021.. seems likely.
#bitcoindominance #btc.d should show us the way
a rise in dominance would be a clean-up of the space and provide ammunition for another altcoin run.
#coinbase & #microstrategy should be on your watchlist as key indicators.
The Setup Is Bullish📍 Expect The Breakout From The Triangle Soon ,Next Important Resistances Are 5350 And 6200
#LTC taking back bullish territory #Litecoin & #Bitcoin will see a good week ahead for taking back some bullish territory.
I am expecting Litecoin to make moves against the USD EITHER WAY this week;
however will LTC move up and independently of BTC??
Historically, no.... BTC moves and LTC typically follows.
We've seen several POS tokens break up while Bitcoin crabs sideways like
$XTZ and $ALGO making 11% moves against their BTC pair.
LTC is currently testing and trying to break upwards above the current
consolidation zone. LTC is following a similar pattern of many OG coins in the space.
I'll be watching for closing candles above 0.005 level resistance to long which would
line up with the major bullish cross on the MACD. Then after a confirmed
breakout reducing my some of my LTC position for Satoshis near the 0.0056-0.0059 levels.
