justsomeguy
Long

LTC: Keep calm and hold

COINBASE:LTCUSD   Litecoin / U.S. Dollar
Everyone seems to be freaking out about how LTC isn't rising in parity with BTC             . Quite frankly? If you're interested in fiat value then that concern massively premature.

This is the triangle I drew 6 days ago. Looks like we're still within the expected bounds. LTC may drop again -- potentially all the way down to 52.80 -- but if it does then it'll come back up until we break out of the pattern. That might be in a few days, or it might be in a few weeks. Either way, we'll see resolution by November 4th.

Suggested trades (do so at your own risk):
Stop loss: $49. If it breaks this watch out.
Buy 1: $53.50
Buy 2: $52.75
Sell 1: If we bounce off of $63.15 (intersection of trend line and middle of channel) then temporarily sell at $62 and rebuy a few bucks lower.
Sell 2: If we break $63.15 and hold over it then next resistance is at $64.50
Sell 3: If we break $64.50 and hold the next stop is around $74.
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