BTC dominance has been breaking all resistance even when BTC broke ATH altcoins are still struggling. traditional investors joined the Crypto Market and since then they are controlling the Bitcoin price which resulted in huge depreciation to ALTs Price and Market Cap. some good project did have some nice runs but 80% ALTs are still underwater. Been a long time since I thought id have to be concerned about LTC, but its been performing ok in USD. Fib levels in purple which track the recent range. Lines up with a potential liquidity pocket below the impulse candle. Golden pocket is the dip bid with a target of is an old weekly order block from June of last year. BTC, LTC and other Altcoins are following , Chart Pattern. If Bitcoin break all time high, Co-relation to it other Top Volume coins will break the records. Possible outcome for LTC > First TP = $ > Second TP = $ (move SL to $) > Final Outcome = $ Target Time = 2~4 month.
Btc ltc tradingviewLTC-BTC — TradingView
If we close above , we can expect The infamous "Then they fight you" phase started! Merry Christmas. BTC is facing resistance along the 0. Bitcoin hitting top bolinger on 15 min. Also resistance level with many highs on 4hr. Take most of profits here. Most likely will decline back to 35 ema. There is no correction at this moment! I'm waiting that price can continue uptrend. We can open long position as soon as BTC will break nearest resistance.
Next resistance Videos only. Will History Repeat itself? Remember you heard it here first! Normally the Alt Season Start on December this is 3 years in row trends. BTC dominance is at supply zone, previously many times it rejected frm same zone. Anyone that holds the majority of their cryptocurrency portfolio in Alts ought to be looking at this chart. Not even going to do any analysis, the result is already in. At this point, it could be the bottom for Alts, but it is hard to hold on to almost anything but BTC knowing that your investment performance is being slowly eaten away.
This is partly to do with Some Elliott Wave for you. Hello, traders! Bitcoin's dominance has tested the Bitcoin absorbed all the liquidity of the market during its rally. Christmas holidays are coming and traders in the stock market prefer to fix their positions. Hello, we have overall negative sentiment, so it should not be surprise that crypto is falling as well. Trading suggestion:. Predictions and analysis. Videos only. Update to Long Term Litecoin Chart. Update: Litecoin, The Sleeping Giant.
Quick Update Luna. Show more ideas.