NaturalPatterns
Long

LTC buying opportunity, ready for wave 3 up

BINANCE:LTCBTC   Litecoin / Bitcoin
Hi all

I believe LTC against BTC is a very good buying opportunity now:


-LTC made some very good profits leading the way out of bear market, before BTC agreed to follow.
-1 april, when BTC spiked, LTC was done with its 5 waves, and started its retrace.
- It bounced on the .618 some days ago, continuing the uptrend.
-Who knows what BTC is going to do in the near future. Buying BTC now is not my style of trading, buying at the top - hoping..
-LTC is a very solid coin, not going away soon.

In a year or so, I think we will have new all time highs.
For shorter term opportunities, a near +50% is possible if buying now around 0,012-0,013 and selling at 0,018

Jun 16
Comment: we went to 0,1777 sooner than expected. I take this as a very bullish sign.
I cant count 5 waves in that last spike (0,12-0,18) so i expect it has one more leg up to 5th, even tho then wave 3 retraced to the 50.

Anyway, That is +49% in 3 weeks, and it is not VS USD, it is VS the KING : BTC.

Nice job little coin.
I think having the 200 MA open on your LTC/BTC 1D chart would give you a clearer picture here.

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NaturalPatterns TheTravel1ngTrader
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this aged poorly lol
+1 Reply
@moonsie, :) Lets see if that was the ABC, and we go up now. It has not aged that much !
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Nice idea, I'm looking for a long position!
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all time high was - 0,052

(c) 2013
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@just5, yes. that was before I was born
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