Litecoin has remained stable despite Bitcoin and other alternative currency corrections in the past few weeks. Another leg up is seeming to be the most probable outcome in the next few weeks. Litecoin (LTC/BTC) will push for on a breakout of Target: . Expect Bitcoin to retest the previous ATH. $18, seems to be a number that keeps coming up in my analysis, so I’ll throw that number out there just to see who gets angry with that. This will run in line with the XRP/BTC chart as well as with XRP. BTC may still drive higher in the mean time, but either way, a swift backtest is coming. Ethereum is the first choice of every trader after BTC. CME will launch ETH Futures on 8 February and this is huge news for ETH. ETH mainnet is successfully launched and many exchanges started the ETH staking pools.
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If the market does give another opportunity to buy around those yellow horizontal lines, then it will probably be vigorously bought. Litecoin has remained stable despite Bitcoin and other alternative currency corrections in the past few weeks. Another leg up is seeming to be the most probable outcome in the next few weeks.
Target: 0. Trading suggestion:. There is a possibility of temporary retracement to suggested support line 0. Technical analysis:. I've published the very same pattern back in December when the previous Bear Market was at its lows and while everyone was panicking, called for a potential Bottom on Bitcoin and a Bull Run to follow. Simply because of the Litecoin break-out relative to BTC. Im long! LTC whale planted S? Libertas Aequitas Veritas.
Hello Traders, It seems that Litecoin is close to turning back to uptrend. It is possible to note that it is inside of a huge bullish wedge and is close to breaking out. We recommend to catch in if it breaks the important resistance of 0. For more analysis like this, please push the like button and follow us on TradingView. During your entire lifetime, you will encounter trades like that.
Trying to time it is a waste of time. Better to be too early than 1 day to late with this type of volatility. The weekly BTC consolidation continues to deplete market participants. During the last attack of sellers, the price could only touch this range. As a result, buyers have formed a new local trend line. The price of BTC continues to remain between critical points. Buyers are Dear traders, nice to meet you. By "following" you can always get new information quickly. Thank you for always supporting me.
If it declines at Looking like alts could be testing ATH sometime soon. Left Picture is money coming into alts and right is BTC. Lets look at what the price did the last 6 years when btc opened up a new year with an untested yearly pivot. This is despite whatever excuse for why that cannot happen now. This is This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments.
Trade and invest at your own risk. Weekly Chart Analysis - Taking a look Trading suggestion:. There is a possibility of temporary retracement to suggested support line Technical analysis:. Hey Guys! However, taking a look at the BTC chart, we can see that there is a lot of potential in terms of Ethereum price movement, this could all changes with a strong Bitcoin upwards rip, but as things currently stand; we are looking at a strong bullish sign for Predictions and analysis.
Videos only. Top authors: Bitcoin Cryptocurrency. Bitcoin Cryptocurrency. Bitcoin BTC is the first decentralized digital currency, created in Wyckoff Distribution says Bitcoin will go down,don't get trapped. Bitcoin BTC - December