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LTCBTC trade ideas

LTCBTC Falling wedgeMassive potential on litecoin, if it manages to break out of this falling wedge structure on the weekly timeframe that has been building since februari 2018. Pretty easy to manage risk on the downside especially if your getting in on the lower bound of the wedge. Alternatively wait for the break or of course scale in slowly and add when conformation is given. Area to flip for support shown in red. RSI is building pressure in a triangle as well and showing bullish divergence. Targets are clear from the weekly closes, and depending on where the break happens total potential for this falling wedge is about 450%. Good luck
Long
by wjstienstra
1
🔝LTCBTC💥WHAT IS LITECOIN? Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Long
by MiguelFTCurado
5
LTC/BTC Pair: Monthly ReviewHello friends, today you can review the technical analysis idea on a 1M linear scale chart for the LTC/BTC pair. The chart is self-explanatory. LTC/BTC pair is at the apex of the descending wedge and there may be a major move coming within a month. Check out my LTCUSD chart review below. RSI and MACD also ready to make a move! If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
by MillionaireEconomics
5
104 months of LTCBTC price actionAs time goes on and Bolinger Bands of this chart get tighter over time, a possible significant price movement is expected, following news related to Litecoin adoption. Many times before in the history of Litecoin we did witness explosive price surges following the news (i.e. fake Walmart announcement). Currently, in the areas of ALL TIME LOWS, Litecoin presents some lucrative opportunities for patient SPOT BTC traders who follow capital management. Leverage trading at this point is rather not recommended. Incoming volatility and possibly large incoming volume might result in long shadow wicks on lower time frames.
Long
by crypto_poet
LTC / BTCThe historical charts of LTC/BTC and DOGE/BTC are very similar and I expect good growth from Litecoin! Also, DOGE is not mined separately by itself. In 2018-2019, due to inefficient mining, in order to keep the network reliable from a 51% attack, DODGE began to mined along with LTC (called merge mining). The creator of Litecoin, Charlie Lee, publicly got rid (like the creator of DODGE) by selling all his LTC in 2018. SO THE HISTORY OF THESE COINS IS VERY OVERLAPPING. Also, LTC will soon acquire the anonymity function, and perhaps this will contribute to the impulse growth against the background of the release of various CBDC. Well, in order for the DOGE network to become more secure for a 51% attack, need to pump Litecoin and attract even more miners with this.
Long
by Age_of_Crypto
1
LTC/BTC - 4+ YEAR FALLING WEDGE - BREAKOUT IMMINENT Although this structure is far from perfect due to the lower line being violated multiple times, its formation has been going on for over 4 years now and has also been respected many times, and this structure is still in play due to the fact that there is no significant break to either direction, yet.. LTC/ BTC is approaching the end of the apex and will soon break in one direction. Due to the falling wedge being a bullish structure, the market in extreme fear, and a general bias that history will repeat itself with altcoins going off on a final explosive run before a prolonged crypto bear market, I favor a break to the upside, however with the current geopolitical environment I think that an argument that this will break to the downside is also reasonable, along with the crypto market as a whole and the stock market of course. Either way, the falling wedge pattern is known to have a high success rate in the event of a substantial break, so I think it is safe to say we will soon have a strong move in one direction, and whether you're looking to short or long the crypto/altcoin market, LTC will likely provide a decent move.
by quyverlander
2
LiteCoin Sings of Bullish ReversalLiteCoin ( BINANCE:LTCBTC ) is at or slightly below its all-time-low, sitting at a historical support line at 3000 Satoshi. The great thing about this is we're seeing a consistent RSI divergence that has been playing ever since the first time it hit 3000 Satoshi in Feb/March 2017. Every new bottom since then has has higher RSI low. Most importantly, the latest and current level has a higher RSI than all the previous bottoms. At the same time, the volume does not look too weak as is the case with dead coins. LiteCoin seems to have been changing hands or has gone through an extended period of accumulation. I will keep watching this chart on different time scales in anticipation of a bullish move to the overhead resistance at 7000 Satoshi. Follow me if you would like to receive updates on this idea. You can follow this chart here .
Long
by TechNerdOmar
4