HUOBI:LTCCNY   Litecoin / Chinese Yuan
First reliable breakout signal off the downtrend after the long 7 months bear market for Litecoin. (Correction from 48 USD -> 3.3 USD. 14x decrease in price)
We also have a double bottom made on 22.10 CNY             (3.3 USD).

This is an extremely good risk/reward place to be taking position on Litecoin with stops at 21.69 CNY             .
Dangerous to say the least, with BTC finally being ripe for a drop.

Entered 24.30, sold 25.65 -- I think this bump was primarily caused by LTCBTC hitting 0.0096 again, and supported by the weak prior performance of LTC during this correction. You often see LTC catching up at last waves.
+2 Reply
LastBattle HerSerenity

You are right, it seems that LTC is still correlated to BTC, the huge bull flag made was broken upon BTC going down.
I got stopped a minute ago, let's see if there are any other safe entry again.
HerSerenity LastBattle
One last chance though, it could resolve to this LTC impulse pattern I've seen hundreds of time on different time frames already:

+2 Reply,wHAmEz2

Bitcoin wisdom chart, since TV is missing most of the key data on LTCCNY and LTCUSD
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out