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deda
May 13, 2017 7:42 AM

LTC chart 13.05.2017 Long

Litecoin / BitcoinPoloniex

Description

Indicators showing strong and safe buy signal / early entry from 0.0159 - 0.0133.

Calculated risk:
Potential gain = 80%
Potential loss = 20%

News since fall from ATH:

Korean and Japanese exchanges added LTC to their portfolio what indicates strong interest especially from Japanese investors since laws has being changed in Japan in favor to Crypto currencies
and since Bitbank is only Japan crypto exchange that is offering LTC in Japan:

1. cryptoninjas.net/2017/05/11/korea-crypto-exchange-bithumb-now-set-launch-ripple-xrp-trading/
" ....The company made recent headlines starting with last week’s revelation to list Litecoin and also Ethereum Classic this week."

2. bitbank.cc/blog/ltcbtc_added/
" ...By introducing LTC / BTC pair, bitbank.cc became the only domestic LTC / BTC board handling exchanges."

Comment

LN Implemented and working as expected - flawless.

Comment

Comments
DangDao
What target it will get
deda
@DangDao, Next target is 0.026 conservatively but since LTC ATM arrival It can go up to 100 USD easily in few steps.
DangDao
@deda,What you mean by saying in a few step? Could it possibly reach the 100USD today
deda
@DangDao, Not so fast. Rarely any coin go to that levels without few corrections with exceptions of pump & dump (recently Burst) and overhyped like DASH. To be sure of your investment You have to concentrate on ecosystem & community build around it and only one crypto in my book have that right now and that is LTC.
Bull4Life
@deda, so we go all in one ltc?
deda
@DanielBela, I will never give you that kind of advice - you choose for yourself based on your own research. I can give you just my opinion based on my experience.
Bull4Life
@deda, i was joking with all in stuff ;)
i belive ltc will fly i really do. But ltc flow btc and btc to go down i think ..
AurelCandale
LTC GO!!!!!!!!!!!!!!!!!
Bull4Life
@AurelCandale,
So open a long on ltc now is good?

Bty more important what btc will do?
It seems like ltc follow btc
So more interest me what btc to do?
deda
@DanielBela, If BTC drop in range 1400-1500 expect LTC at range 0.0130 approx. Potential LTC gain at this range is 100% and above.
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