koryu
Long

Chance for LTC Bubble

BTCE:LTCBTC   Litecoin / Bitcoin
563 4 6
a year ago
Watching bullish Breakout on daily LTC             chart today. Moving averages have stacked and first log down trendline is broken up. It's not confirmed yet but there is a chance for a LTC             bubble in the making, Keep an eye on moving averages going up. First target should be 0.009 after that there is another trendline and Ichimoku cloud to break after that there should not be too much resistance anymore.

After Mike Hearn's bitcoin exit, several altcoins have performed pretty good (eth, xem             , dash, xmr, even doge f.e.), Either its just pump and dump or people are going to diversify cryptos in higher amounts as before.

There are more bubble canditates showing similar bullish chart patterns, f.e. also see XMR
Also watching NXT which shows similar signals.

Be aware that btc could go down meanwhile reducing profits.
9 months ago
Trade active: Rally initiated. :-)
staying long here but expect resistance at ma200
8 months ago
Trade active: bought more during the dip

Related Ideas

koryu
Golden Cross LTC/BTC
koryu about LTCBTC 15 8 months ago
koryu
a year ago
entered long today LTC
Reply
koryu
11 months ago
LTC golden cross


golden cross for ltccny ahead
Reply
koryu
9 months ago
soon(tm) :-/
Reply
koryu
9 months ago
snapshot


weekly breakout :-)
Reply
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