LTCBTC trade ideas
LTC/BTC Breaking OutLooks 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.
LTCBTC Trendline break and RetestLTCBTC pair broken out of trendline and clearly testing it. Very bullish.
LTC/BTC This is just an example of technical analysisIf helps you, please like and share.
#price_action BINANCE:LTCBTC
Compression leads to expansion. LTCBTCI think that 0,01 BTC valuation is very rational and doable at this time of the history.
Compression leads to expansion. I sincerely estimate closer to much higher valuations, some of which can be seen in my previous LTBBTC analysis.
2023 is the Year of LitecoinLitecoin's halving occurs ~August 4 2023. Typically bullish momentum picks up before this. I believe LTC will see a very strong 2023.
LTCBTC SHORTA first downward wave was made, from which a deceptive upward wave was corrected, not an impulse, and a third wave is expected to decline, which is C
Ltc Looks Ready for Massive recovery seems like has already bottomed out & moving in descending channel Incase Of breakout expecting 400 to 450% bullish Wave In midterm
Pre halving pump is done already ?Vertical blue lines = LTC Halving date
Red dot vertical lines = pre halving LTC/BTC pump
SHORT TERM VIEW
I just noticed a very weird thing about LTC pre halving pump.
There is this 1340 days periodicity between the last pre halving pump, and this period is very slightly shorter than the real halving period (1460 days).
This make me think that the pre halving pump is already done... :/
Moreover, LTC/USD pair gives me a not so good feeling with lower highs since Nov 2022...
Hmm Let's see how it goes. But each day we are getting closer to halving date in August and my confidence for another LTC pump is going lower...
I desire another pre halving pump, but it seems the market wants something else...
LONG TERM VIEW
for Next bull run, i'm confident LTC will be massive.
Charlie lee main target in term of satoshi for next bull run is 0.025
It seems totally conservative to me to reach that target in 2025.
if BTC reach 100k$, 0.025 sat would give LTC a 2500$ value.
if BTC reach 200k$, 0.025 sat would give LTC a 5000$ value.
#LTC/BTC - Breakout - Potential 3.53%See if we can catch a quick 3.5% as LTC shows a technical breakout in the run up to the having.
Tight targets as I still feel BTC may get a push from the debt ceiling deal, the removal of the BTC mining tax has, I think, yet to be priced in to yesterdays bullish response.
Direction: Long
Market: Spot
Risk: 0.25% - 1%
#BTC_LTC
Exchange: BINANCE
Timeframe: 360
TP1: 0.003343
Entry: 0.003287
STOP: 0.003231
Entry Conditions:
| Relative volume breakout
| Falling wedge breakout
LTCBTC possible inverse head and shoulder?Can it be a reverse head and shoulder going on here?
what do you think?
Ltc targeting .003We have a break above resistance.
Looking for a retest, with a continuation to the next resistance above around .00300000
Not financial Advice
$OKX:LTCBTC - 4.2 R;R OKX:LTCUSDT halving is close and NYSE:LTC could overperform OKX:BTCUSDT in next period . A R;R ratio of 4,2 for this trade
Litecoin LTC mid term strategyDo not underestimate #ltc vs. #btc .In mid term this chart says good fortune for #Litecoin against #BTC .Invalidation is the all time low's break down. Not financial advice.
LITECOIN BITCOIN IS GOING TO EXPLODE! The Litecoin to Bitcoin ratio has been in a massive multi year falling wedge due to all these junk coins coming out and flooding the market. This caused Litecoin to fall on the back burner as many people are stuck on the hype of all the new junk out there. Non the less Litecoin is what it is and its true value is about to show. This wedge has broken after many years and for the first time a golden cross is about to happen which will rocket Litecoin to its proper LTC/BTC valuation. Also if you go look at the Litecoin wallet rich list, smart money has been accumulating millions of Litecoin for the past year in preparation while all the lemmings are buying Shib, XRP, and the like. Litecoin will lead this next Altcoin rally in gains and in adoption as people fly out of their shltcoins and get into assets thats are not securities. So many people are delusional in this space and believe all the hype around the crap that has come out recently as far as new cryptos. Almost nothing will survive the coming SEC purge of the crypto space except for Litecoin and Bitcoin and possibly a couple more. Dont listen to the haters, they are emotional because they are holding bags of dirty diapers and they think they will get rich when in reality they will all lose their shirts unless they get out before the herd and into the proven cryptos like BTC and LTC. Hold strong Litecoin fam, the day of reckoning is coming and we will surely be rewarded for our patience. This is not financial advice this is just my opinion. Thank you
Attn: Bonfire Indicator Users. For those using Bonfire for squaring price and time you may notice the squares have turned to circles due to changes within Tradingview. This was the original way I used Bonfire but it was a little time consuming. You can verify this by researching the original Bonfire script that I published years ago...
As a temp fix, I have been brushing up on using squares that are tangent to circles. The original way I used to square price with Bonfire rings. First you scale price to fit price to circle then you manually build the squares to the tangents of the circles.
When setting up the Bonfire rings, I slide the scales left to right until I find the rings capture the price.
On this particular chart then drew circles from the (Bonfire centered) candle to match the rings on the indicator.
Make sure to lock the scale once you fit the price to the rings.
Then, align and draw squares tangent to circles.
As you can see, the squares you build can be used a quadrants as well.
$LTC leading the UTXO 2017 longterm correction final stagesSince 2017 CRYPTOCAP:LTC has been in a downtrend and is showing signs it wants to break trend against $BTC...
Another UTXO coin in a similar pattern is EURONEXT:DGB , if CRYPTOCAP:LTC managed to break trend, expect EURONEXT:DGB also to in time.
UTXO coins like the above are true blockchain projects which will have an increasing role to play over the next 10 years.
LTC/BTC vs DOGE/BTC alltimesome of ltc members seeing a similarity btw doge and ltc, but we all missing that pump since 3yrs....
it doesnt mean anything, but a true value of ltc should be actually somewhere 800-1000$ around
trendline retest strategyA retest is when price moves away (up) from the trendline and then eventually comes back to it. When it comes back to it, wait for a candlestick to actually touch that trendline.
following btcltc/usdt pairing goes up and following btc/usdt
ltc/tc pairing is now dropped a lot and should be somewhere 3800-4000sat around normaly..meand 104$
good entry position for long or just wait for hit's this are and confirmation
LTC longI added to LTC here because it's near the bottom of the range compared to Bitcoin.
I also think the market goes up from here so Ideally LTC will outperform
Grey line is my entry
✳️ Litecoin Higher Low Now, New Bullish Wave, Be Prepared!While some people are still within the doom and gloom mentality, preparing for lower lows forever, new bottoms, market crash, etc. Cryptocurrencies are already moving up.
The Altcoins vs Tether pairs are incredibly clear, printing between 300 and 500% in the initial bullish wave and the Altcoins vs Bitcoin pairs preparing for another leg up.
✔️ Bitcoin is also ultra-strong above EMA10 daily, no strong crash after a massive, huge 85%+ phase of growth.
Imagine, this only tells us that Bitcoin is stronger than usual, not weaker, do not expect new lows, a new bottom... Instead of $11,000, you should be preparing for $32,000, $35,000, $38,000, $41,000 and beyond.
Only late this year we are likely to experience a strong correction that will do nothing but confirm all the bullishness we have been experiencing now month after month.
Litecoin vs Bitcoin (LTCBTC) is preparing for its next high.
Notice, that while some people think that ALTSBTC pairs drop when Bitcoin grows and phantasize on some strange dynamics, the market simply grows together as whole with some slight delays between set of coins.
Here LTCBTC bottomed in June 2022, exactly the same date as most of the market when the capitulation low was confirmed.
After this phase we get up, up and more up.
Correction and retraces are normal, once a correction ends, we get the next leg up.
This is another opportunity, how you approach the market is your sole responsibility.
Be wise, be patient, study and know that regardless of what happens, if this opportunity goes away another one will always show up.
You are a divine human being.
✔️ We all make mistakes, if you did something wrong now, if you feel burdened by something of your past just let it go.
You are special and you deserve the best, now & always...
✔️ Struggles and challenges are the experiences that helps us grow and evolve.
Namaste.
LTC Bitcoin Fit to TrendUsing alignment and some data points from one of my indicators, I have found in interesting overly that encompasses a lot of previous price action and also may provide some projection data via trends. I will publish this as a way to lock in the chart and likely revisit it later if valid.
Longview: Bullish BTC & LTC
