March 1st 7 years ago this exact thing happened as soon as Bitcoin broke the high. Lets see if history rhymes. It may just look like a bunch of lines but these lines are all trendlines. many times price falls right into where X marks the spot. The more trend lines that go through that price the more likely the price will retrace to that exact spot and time. ...
We've closed a daily candle after solid breakout, which means we're now going to the moon. I honestly think LTC will be one of the best performaers in this bull cycle. The bottom was in (you can see significant volume and it was a V shaped recovery) and now we'll be making our way up. The only thing that could ruin this party (as always), is if BTC makes a...
The ratio for LTC/BTC could play out something like this. March will be a boring month, but you could make some money if you trade the range. We will see tho!! I know for sure, April we will be riding on top 😃
Will get hit and off we go from there. Targeting LTC/USD at 66-67 bucks. Bullish until April 2024. Things about to be surprising.
The small image is an 81% drop from Doge/BTC in 2019-2020 before the spike up. LTC/BTC just did a similar 81% drop move. These are 1 month candles. So don't expect for price action to happen tomorrow 😆. But LTC/BTC surely is within the bottom. LTC/BTC can go up anytime in March - April and you'll drop your jaw.
Litecoin has maintained a persistent downward trend against Bitcoin, but today's observation brings a potential turning point into focus. A discernible rebound has occurred, precisely off the 441.4% Fibonacci support level, hinting at the potential conclusion of the decline. To solidify this potential reversal, it's imperative to monitor the daily close, ensuring...
The fib level 0.618 (0.001111) is an attractive target considering LTCBTC had significant reaction to the 0.5 fib level. This is the only explanation I can come up with as to why Litecoin wants to go this low with its strong fundamentals.
Litecoin's journey against Bitcoin has largely been marked by a persistent downward trend, yet today's observations hint at a potential shift in momentum. A noticeable rebound has materialized, precisely rebounding from the 441.4% Fibonacci support level, suggesting a possible end to the decline. To validate the likelihood of this reversal, close attention must...
This is the 3M LTC/BTC chart. If you look closely, every 3M candle touches the MA support band. The current 3M candle has been trading away from the Support band. The current 3M candle is for January -March, and currently is February. We have less than 2 months for LTC/BTC pair to get back to the support band. AKA Litecoin will strengthen over Bitcoin in the...
Litecoin looks good on the TA Mimblewimble (privacy) will get launched for it. It's available on all exchanges. Paypal allows trading it on their platform. It could be the only coin with privacy features on many exchanges, which would make it really appealing. Coinbase have ties to Litecoin's founder, the recent IPO hype could spillover to Litecoin as well.
Looks like a cup and handle on daily. good probability for 0.0021 target
Looks like LTC has bottomed vs BTC. It has a nice hammer candle on top of a chanel.
My long term hold and have added to my position! Planning on selling over $100. Hope to sell some at nearly $400 again. NOT FINANCIAL ADVICE!!!!
Alnog with hidden bullish divergence, we're looking at a massive breakout. With the ETF approval being another 'sell-the-news' event (so predictable...), BTC is going to start dropping, LTC will keep USD value which means LTCBTC will go up. Invalid if re-test fails and breaks back down to downward channel. Share your thoughts in the comments section!
-> be careful the graph is upside down my colleagues couldn’t stand it and sold litecoin Litecoin was sold by my friends and the old lady selling pancakes in a stall sold all the litecoins We just have to wait for YOU to get rid of all your litecoins and the action will begin
LTC/BTC can increase over 100% over the next 6 months. 1. Ignore the price. 2. Look at the RSI. 3. Analyze RSI cycle patterns. 4. Sell Litecoin in June/July 2024. Now look at price. 5. High five! I'm not sure if anyone else has broken down this cycle this way, but it makes the most sense to me. Very unconventional, but it works for me. RSI rules everything...
It's about time you drop what you're doing and pay close attention to this beautiful construct. It's once in a lifetime opportunity and it's happening. NFA
I am suggesting we are on the brink of a larger move upwards for the LTC/BTC pair over the next couple of weeks. If you take a look at the move beginning Friday June 10th 2022, you'll see that we viciously broke through this weak resistance level.