LTC: the next best trading for 2016-2017

OKCOIN:LTCCNY   Litecoin / Chinese Yuan
701 12 7
There is no need to say where is Litecoin going...just enjoy the ride!
Comment: I sold all my LTCs a month ago more or less, I wont trade this anymore. Good luck guys.
Hi, very thankful for you idea shared.
I quite agree with the analysis and the conclusion, and I have some questions which I wanna know more about the use of wave principle here, listed as follow:
1, the time scale of impulsive 5 waves (from 2013.9.x to 2013.11.28) is too much shorter than the corrective 3 waves (from 2013.11.28 to 2015.1.14), and it seems the new impulsive wave seems to be even longer, which starts from 2015.1.14, has lasts for 18 months, and it just begins. Whether the time scale difference will affects the use of wave analysis.
2, It is said the log price scale could be better when analyzing a big time scale chart, what's your opinion about this saying.
3, whether the price action not shown in the chart, such as the price move before 2013.9.x, would affect the wave analysis.
Hope to get your answer. many thanks.
Sorry I hadnt seen your comment. By this time I sold all my LTCs. To be honest I think LTC is no longer a good option to trade.
dalistar Ingemkts
Yes sure .. me too I sold out all. .
+1 Reply
nimbus Ingemkts
any technical reasons for that? it's still bullish anyway.
I cant wait for that pump, too much time, other alts about to pump... ;)
Nice move. LTC is pur hype/scam.
What do you mean
to the moon? Most will not believe it, till it's too late.
I dont trade LTCBTC, I am just trading LTCCNY for now. Let´s wait for that breaking ;)
+1 Reply
btc_joe Ingemkts
I think they will both do well, gluck!
+1 Reply
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