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cgh118
Feb 7, 2018 2:48 PM

Impending LTC breakout in the coming days? 

Litecoin / United States DollarCoinbase

Description

I am really liking the looks of the 4HR chart here. We just broke through the Ichi Cloud and the Tenken and Kijun are setup to where the Kijun Sen with cross the Tenken Sen above the cloud. This is a double bullish signal. I will be keeping an eye on this one!

Comment

And take off :)

Comment

Doing well here with LTC. Also as shown here there is a double bottom and hopefully a resulting uptrend shortly!

Comments
involver
Total agreement with your analysis here.

I entered my position at 100 and exited at 160. Re-entered at 115 and I'll be holding through what I also perceive to be a pending breakout.
cgh118
@involver, Their latest news was bad timing. There may be more where that came from based on volume analysis. This coin has room to grow.
involver
@cgh118, A lot of FUD across the board lately. Strong double bottom here, though, with a smaller LTC correction to the downside than BTC when it crossed 6k. Let's see if the structure holds true.
cgh118
@involver, Yes, the double bottom caught my eye as well.
cgh118


My brother's analysis. Who is ready for a wild ride?
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