Litecoin is retesting the top of the channel/falling wedge that it broke out of about a year ago today. As long as LTC can stay above this then I think we are about to rocket up in the LTC/BTC and LTC/USD pairs. Litecoin is really about to catch fire and take off. Hold through the FUD and shlt talk about Litecoin. Litecoin is about to swallow everything above...
hi dear trader there are two take profit on this chart ... litecoin with btc pair Litecoin might hit the $1000 price level by the end of 2025 Litecoin implemented a different algorithm that requires a lower hash rate for miners named Scrypt. As a result, Litecoin miners need less energy and effort to process transaction blocks, increasing the block times to about...
◳◱ On the $LTC/ CRYPTOCAP:BTC chart, the Super Trend pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.002132 | 0.00227 | 0.002497 and support near 0.001905 | 0.001816 | 0.001589. Entering trades at 0.002031 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name:...
Long idea on LTCBTC. Thoughts? Head and shoulders, channel, cup and handle...
LTCBTC seems to follow a perfect geometry. Head and shoulders?
I'm going to swing trade the current LTC/BTC position. 25% Profit expected Longed 0.002 Target: 0.0025 Stop Loss: 0.00194
I do believe in this project and it is valuable to Big Brother BITCOIN. It has been a solid investment for me and I will always keep a bag. This is NOT investment advice. If you look at the previous history of the pairing it is clear to see it is not the best investment. I believe we will see some changes with time and gains also. Transactions are dropping from...
Part Two: What kind of Triangle, Alternative Counts, and What comes next: There are mainly two counter arguments against *what the Count is*. The first of which would likely be made by an Elliotician of a particular mindset. This counter argument would concede that the Ratio is indeed in a Triangle, but claim that either: A. It is in an Expanding Triangle B....
LTCBTC: A TreatDasin Triangle Strategy Many have been asking for an update on the following Published chart: And more specifically, just exactly what I was getting at with my fairly cryptic update showing the following chart snapshot: It is now time to provide the more in depth analysis and some clarity as to why I am certain there is a huge move to...
Plan > retest 4-years channel (0,0032-0,0030 = ~ Fib 0,382) and moon Target > ~ 0,010 - 0,013 Time > ~ 5-8 months (april-july 2023) P.S. I know in the previous forecast I overestimated the bulls, it's because I thought we still have time before the start of the bear market. But look how perfectly the channel worked. I think that we will still test it, as a...
Litecoin appears to be forming a falling wedge against bitcoin. Rsi trend has bottomed along with the price action within this wedge. RSI is showing bullish divergence over the last several weeks. Volume has been flat or declining in this wedge, often a reversal signal. This could be as much as a 30% move up to the next resistance area. This is the product...
If you enjoy this analysis, please give it a like and a follow. Today is the big day: the third LTC halving will happen in a couple of hours. This means that the rewards from mining will be halved, same as the BTC halving. Although the LTC halving has been generally a bullish event in the months before the halving, it has always been a bearish event once it has...
In this analysis I want to take a look at the upcoming LTC halving event and the impact it has on Litecoin's price. I chose to plot the LTC/BTC chart since it give a perfect view of the relative performance of Litcoin against the top crypto Bitcoin. A rising value means that LTC gains against BTC, and a declining line means that LTC loses value against BTC. We...
We are seeing some historic price action on the epic legendary pair LTC/BTC. Staying cheekily out of the wedge it broke out of.. Litecoin remains poised to FLIP dominance on Bitcoin in 2023. For the first time in its existence next to Bitcoin. It is a Proof of Work coin which has enjoyed a decade of PRODUCTION use-case, with ZERO network shutdowns. Its a...
When CRYPTOCAP:TOTAL and CRYPTOCAP:TOTAL2 enter their bull markets, large capital will look for save havens to increase their purchasing power. While Bitcoin has proven time and time again to be an amazing hodl after the accumulation phase, it's R:R is reaching diminishing returns. Major Altcoins that have proven the test of time, like Ethereum and Litecoin,...
Recently Crypto markets tend to price in news quite quickly, due to increase in professional traders. LTC Halving is priced in and pump is over. We may get a mini pump at the halving date, but dont count on it.
Based on the previous halving, this is most probable to happen.
Looks like LTC may be breaking out of its decade long descending wedge against BTC. What this could mean is anyone's guess. Personally, I have set up a grid bot on LTC/BTC, with range extending to next fib extension from ATH. Stackin' SATs with Litty. Its going to be an interesting year. As always, not financial advice.