Entry: 0.00425 1st Target: 0.00460 2nd Target: wait for next idea -> long-term uptrend very probable. Stop-loss: 0.004
Litecoin has a huge future ahead. Primarily because LTC will get SegWit, Bitcoin never will. LTC will benefit from this, some of bitcoin core developers will move to LTC development and LTC price will soar because of this.
Bitcoin might implement Parallel Validation to handle the quadratic sighash verification issue instead of SegWit (it is a more elegant solution, and minimal structure change).
SegWit is great coding, but it is not Bitcoin. Litecoin will get its benefits instead.
FA:
LTC has a very good chance of getting Segwit and Lightning Network. Signalling starts in a week.
We all love Charlie Lee. Ok, forgive me for voicing other people opinion: Crypto loves Charlie Lee! :)
China manipulators algo bots are weakening ! We can expect easier and stronger trend following.
TA: In the chart. + Cloud is red, but for some time already and price crossing TK in bullish way with confirmations on RSI and KDJ. Looks like reversal here is very probable.
Jump onboard, Goblin!
Happy trading! ;)
P.S. PM me for Goblin Trading.
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Waiting for next breakout attempt, sitting on notable position open. Adding thoroughly. Notice the very juicy LTC futures, with significant positive premium, and compare them to declining BTC futures with negative premium: prnt.sc/dz7w1fprnt.sc/dz7w7h
It lines up nicely with the incoming LTC Segwit and BTC losing zero-fees + margin-trading. Expect a huge healthy and long-lasting move up on in the following weeks.
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Go, B1atchez!
Trade closed: target reached
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Target reached, spot on! ;) 4677? yay!
Today price returns to 430.. reason? LTC segwit signalling did not start yesterday as was expected, instead starts in 3 days. BTC is rallying up. Just say THANK YOU and buy back again at 430, incl. your profits. This is profit x2.