LTC/ETH bottom is inHello,
I have been monitoring LTC for a considerable amount of time and have been awaiting this bottom to play out. The time is finally here where we are seeing signs of strength in the LTC reversal.
After finding new lows we saw a strong breakout of the yearly down trending channel. Followed by making further new lows to retest the breakout. From here looks like a final accumulation in the blue zone with a liquidity grab/ deviation just under the blue accumulation zone.
We have bullish divergence on the RSI confirmed and a MACD that has momentum favouring the bulls.
We can also consider other factors in such that memes, AI, RWAs and a host of other coins have had large rallies over the last year and litecoin has spent some time sitting in the shadow with many saying it’s over etc etc. Well now is the time where people will look for reliable long standing trust worthy coins. What better narrative to have for people to place their gains from all these other coins into somewhere they can see with a large upside potential and that may have bottomed out and that the can trust to not be a rug pull.
Both LTC to BTC and USD charts also show a favourable chart for the bulls. If you would like to see my view on those let me know.
Invalidation should this chart make further lows.
Good luck and remember to look where others are not. Enjoy
ETHLTC trade ideas
LTC/ETH bottom is inHello,
I have been monitoring LTC for a considerable amount of time and have been awaiting this bottom to play out. The time is finally here where we are seeing signs of strength in the LTC reversal.
After finding new lows we saw a strong breakout of the yearly down trending channel. Followed by making further new lows to retest the breakout. From here looks like a final accumulation in the blue zone with a liquidity grab/ deviation just under the blue accumulation zone.
We have bullish divergence on the RSI confirmed and a MACD that has momentum favouring the bulls.
We can also consider other factors in such that memes, AI, RWAs and a host of other coins have had large rallies over the last year and litecoin has spent some time sitting in the shadow with many saying it’s over etc etc. Well now is the time where people will look for reliable long standing trust worthy coins. What better narrative to have for people to place their gains from all these other coins into somewhere they can see with a large upside potential and that may have bottomed out and that the can trust to not be a rug pull.
Both LTC to BTC and USD charts also show a favourable chart for the bulls. If you would like to see my view on those let me know.
Invalidation should this chart make further lows.
Good luck and remember to look where others are not. Enjoy
Will LTCETH break out of the falling wedge?Huge gains would be coming for LTC if it can manage to break out of its LTCETH falling wedge. Either that, or ETH fails as a whole and completely tanks... highly unlikely but anything is possible.
Bullish divergence on the RSI and HUGE bullish divergence on the MACD. If we start moving upwards, it will be interesting to see if the RSI stays within the red channel.
Wake up NEO J/P Shine some Lite Charlie LeeI have watched this for years.
I have continued to be more of a fan of Litecoin and made some juicy trades no thanks to this chart.
We have lots of ETH killers nowadays running around.
We have entire ecosystems all fighting for something.
Everybody wants to be the next ETH.
I prefer to just be my own lite coin.
Not watched by many.
I come out of the dark when I want to at LIGHTNING fast speeds and I have a better relationship with a higher power than you.
I will not go away.
Give some love to Charlie Lee!!!!
No hate here on the big VB also.
Y'all are kick azz
NOTHING I POST IS EVER FINANCIAL ADVICE.
ETH is Setting up to Lose Over 90% of it's Litecoin ValueThe ETH/LTC pair is currently showing us Hidden Bearish Divergence at the 1.618 Fibonacci Extension after previously breaking below the trendline, and the next likely level is all the way down at 1.67 as there are no other major support levels to hold once it really starts to break down.
#LTCETH - Reaching Critical Point for Busting Out!With a fast-closing wedge from within #LITECOIN against #ETHEREUM we can see a breakout coming within the next couple of weeks - which way is the big question!
With a strong Sell signal coming from Crypto Tipster v2 we're inclined to suggest a downward trend, but we wouldn't be pulling the trigger on this one until that wedge is broken one way or the other!
If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀
Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
🔥🔥🔥
Crypto Tipster v2
theCrypster
🔥🔥🔥
1 Litecoin could soon be worth more than 1 EthereumLTCETH has traded outside of the Boundaries of a 4 year wide Falling Wedge Pattern after giving us 3 distinct waves to the downside within the wedge and Bullishly Diverging on each wave down. Now we can see LTC breaking above the moving averages on major timeframes where it can now begin to make 3 major pushes up.
Given the nature of how Altcoin Pairs work in regard to the coins' actual USD Value this chart implies that in time; either ETH's USD Value will be coming down towards Litecoin's Price or that Litecoin's Value will be coming up towards and eventually above ETH's Price.
My bet is mostly on ETH's Marketcap losing serious Domiannce
and money flowing into other altcoin with Litecoin having the most potential.
LTC/ETH - Enormous Bull DivergenceWe have all talked about the LTC/BTC bull div, but LTCETH is definitely a pair with confluence that is forming a powerful setup during this timeframe. What does this mean? When the divergences play out, it will be LTC with large gains simultaneously against BTC and ETH. I believe this would occur as the denouement of the current bull market so this in my view means this will occur due to an increase in fiat value (not because the market is dumping and LTC is a hed e). Why? Because the LTC fiat pairs are in an ascending triangle pattern as well. It remains to be seen how it all plays out of course, but I find the HTF setups and patterns tend to confirm. This is one of the longest brewing setups in all of crypto.
LTC/ETH Daily FrameLTC/ETH this is putting LTC against Ethereum performance. As you can see, LTC is barely keeping up with ETH during all the days in the past. LTC is not outperforming BTC or ETH therefore, while the opportunity persists, I wouldn't hold any LTC. Ethereum is a better hold currently due to its volatility.
LTC/ETH { LITECOIN } - BULLISH SETUPANALYSIS 🔎
- LTC/ETH has been resisted by the long term descending trendline resistance since 12th June 2019.
- Price is testing the descending trendline resistance (circled zone).
- After three breakout attempts, we could be on the verge of a successful breakout above the descending trendline resistance.
- Key horizontal resistance levels have been indicated on the chart.
- If a successful breakout is achieved, the horizontal resistance levels can be used as your take profit targets.
- Draw your line and watch.
Eğlence 🥂
LTC to outperform ETH before ETH2.0Nothing more to add.
Of course the idea does NOT sound very convincing with one new low after another.
But that is exactly what ETC did on the ETC/BTC pair. One low followed by another one, and at the end of it a !! x10 !! pump occurred.
This LTC/ETH chart behaves similar to the ETC/BTC pair right before the break out.
Bearish MonthWassup, wolves🔥
There is a ready to trade formation for you!
The price is slightly falling on a bigger frame.
It could be a good signal for bear-traders.
According to Elliott Waves theory all the waves are done and now the price is heading to the breakout.
However do not rush the trade and look for breakout.
There was a bearish fakeour already.
Follow the chart and look for the best price to enter carefully.
According to the situation on the market we do not predict price direction, we should react according to the breakout.
_____________________________________________________
If you enjoy my FREE Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".
