LTCUSD about to break out and make next move up Long

Litecoin / DollarBitfinex

Description

⋅ Mar 5, 2018 10:08 AM

Expecting more bullishness and a move up.
Buy after the break out.
Short and longer term target on the chart.
SL below (X)

Chart Patterns

Comments

Cryptonailer

⋅ May 13, 2018 7:08 AM

target??

Mausty

⋅ Mar 6, 2018 7:10 PM

so $160? yeah i think $160

Mausty

⋅ Mar 10, 2018 1:38 AM

@Mausty, target hit.

SebastiaanTromp

⋅ Mar 6, 2018 10:42 AM

Hmm the current candle isnt classbook

obainosoft

⋅ Mar 5, 2018 11:50 AM

@Crypto_Ed kindly analyse ZCASH when you have time thanks

anton.kostiuk

⋅ Mar 5, 2018 11:28 AM

All TA ALT\USD except BTC is total crap. ALT\USD goes as much as ALT\BTC goes + BTC\USD goes.
All ALTS should be analyzed in versus BTC.

L1-5152

⋅ Mar 5, 2018 12:14 PM

@Anton.kostiuk, I'd agree with that & especially with LTC. It's movement is mostly bound to BTC, not the dollar.

Crypto_Ed

⋅ Mar 5, 2018 12:46 PM

@Anton.kostiuk, this is so short sighted AF
I'm using ETH and LTC/USD for my view on BTCUSD to have a better "bigger picture"
Besides that: there are people trading LTCUSD.

anton.kostiuk

⋅ Mar 5, 2018 12:53 PM

@Crypto_Ed, sure, */USD is basically for short term daily trade analysis. ALT\USD = ALT\BTC(trend) + BTC\USD(trend) charts. For swing trade or hodl ALT\BTC chart is better, agree?

Atlantean

⋅ Mar 5, 2018 10:14 AM

Nice one Ed - was just looking at same potential but in the BTC charts. As we have passed point B and X, where do you have your most likely target set - C or Y?