updated chart on dayli basis with zone's
there is a bit descriptions about broken trend and new trend with entry zone's on ltc/btc pair.
good luck.
FCA
Literally i don't use Fibonacci and this levels - this metrics are common i n Stocks but crypto have more power and dynamik - so i did not use it often.
Bitcoin is value.
Litecoin is also value + transfer medium - so, when we realising how investors look on litecoin - it's one of best opp. to push more investment on it.
My fibo levels are marked. time to load...
This pendant has been shaping up for the past 2.5 months on the LTC:BTC pair.
It broke out a few days ago (up).
It's in a huge resistance band now ... the pivot area. Facing a lot of head wind.
If it can break out of this resistance ... there seems to be a lot of upside.
Is LTC going to do something special for us?
Use at your own risk ... this is not trading...
I was looking at Bitcoin's short-term breakout and decide to have a look at ETCBTC and see how it was doing... Somehow I ended up on this chart 1h timeframe and I saw a huge green candle... I was like "wow", ok, the correction is over.
I went to look for ETCBTC yet it wasn't as strong as LTCBTC but the signals were already there.
I already reached my conclusion,...
As i told in sept 2022 entry for long was 0,0025-0,0029 around . this people allready dobled or more with trades.
In coming 5-6 months we will see some huge incoming money to ltc - my opinion is, it will hit 4-digits like $1000,-- but we should be also happy with 220-250$ around.
All-in boys and dear ladies..you can't loose this trade -just HODL!
Breakot should be...
It is possible that the current decline is the decline of wave B, especially since it is a triple decline that came after the rise of five waves. It is possible that we will see the rise of five more waves.
LTC halving is like the most and powerfull event in 2023 for crypo field.
Traders don't have do grab quick money like that and on other hand hodl'er and miner will see ltc technically is better than other coins on market.
to me is ltc better then btc, it's on investment side with huge potential and well distributed over exchanges.
it can go much higher then on my...
Thought it would be cool to overlay the regular fib retracement over the fib circles.
This is just for a fresh look at something.
Happy Holidays to all!
Using the main intersection (Feb 27th 2024) from the 1D DWEB trends, I marked the first one with a cross ray and followed that by marking each intersection that the previous cross created all the way back to the beginning of the trend.
This is the chart in the video previously published. The only thing that was added is an inverse Gann fan from the top right corner. You will see this fan captured the previous peak near perfect.
I'm perma-bull when it comes to BTC, LTC, and ETH as a long term investments. Please trade your own timeframe goals.
Description from video:
From previous shared...
LTC also follows a halving cycle having effectively been a clone of BTC.
LTC is due to have a halving in 2023.
The previous cycle i posted the below chart which observed that LTC may lead the breakout from the cryto lows.. which it ultimately did, and retraced to and beyond the triangle breakdown in the bear market.
There is a very similar set up to the...
I am curious to see how this situation goes.
It seems like LTC needs to cool off on some of the lower time frames.
But here on the 4 hour, the stoch rsi is low and turned upward, and the price action is respecting the minimum .236 Fibonacci level.
The general trend is up, so my bias is another pump.
Only time will tell.
