LTC/USD Long Call! Making all time highs while BTC takes a dip!

BITSTAMP:LTCUSD   Litecoin / U.S. Dollar
Read the box, read my comments, analyze the chart. You will find out :D
Comment: Other people are bullish too, it seems.
Comment: Most of BTC is backed by money laundering and drugs, that's a solid market that's not shrinking in the foreseeable future. However, after an amazing run, its time for BTC to take a breather. People will flock to LTC like a herd of sheeps after they see BTC going down and LTC going up # greed. This is my fundamental analysis.
Comment: Remember, If the LTC crosses the yellow line, I will cut the losses and start shorting.
Trade closed: stop reached: :( ltc going south?
Comment: BS lol! sorry, these moves are something. I stopped the loss and shorted this but I didn't have the motivation to buy back after closing the trade, now it's retesting the support. I guess previous estimates still remains. What the * was that!
Comment: TG didn't buy back :D, We will get back to crypto after the cloud clears.
Thanks for your work and sharing. Any concerns if bitcoin makes a run? Seems like BTCUSD has hit a major support around~17K, A lot of people are feeling bullish. How do you think this will effect LTC run if Bitcoin makes another run at 20k?
Avasreader NDezell17
@NDezell17, Its time for BTC/USD to make an ABC correction from a technical perspective, however its a hype currency. A run up wouldn't be a surprise (RIOT). If that happens, LTC will not see volume from current BTC holder. LTC might make a decent 30-40% and go for a massive ABC correction. In that case, BTC/USD would gain, LTC/USD would also gain, however, LTC/BTC would trade sideways. If LTC gains the BTC volume, LTC could go up 70-100%, BTC/USD would go down, LTC/USD would go up, LTC/BTC would go up. Run more than 20K would screw with LTC.
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
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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