LTC Definitive Uptrend Channel?

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
I am fairly convinced that we are in a REAL bullish channel now. I jumped off the ship at $144, spooked and nervous, thinking we were about to dive down to sub-$100 levels. ALL of the prognosticators who called for $60 and $70 level final correction were DEAD WRONG. That proves one thing: NOBODY can call this market with 100% accuracy, and you better take these predictions with a grain of salt.

What was best for me was to stop making trade decisions based on my nervousness, and to wait it out until I felt solid about whether or not we were in a bullish trend . That happened for me at the price of $190, at around 5:30am this morning. I went ahead and bought back around 7 LTC coins, and I'm watching the action as we speak. This chart is what I LOVE to see, and it is something we have not seen in LTC for weeks. Easily identifiable formations that obey the trend lines . I am shocked that we have bounced off of the lower trend line as fantastically as we have, without taking a nosedive. This is enough proof to me that LTC is in an uptrend.

I am going to try to take this to the top of the first Elliott Wave , which I believe could be in the $250 to $265 range, and then I might take profits and re-purchase again after a dip for the final run. Or I might hold!
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