MarcelV

Litecoin rm -rf /

Short
MarcelV Updated   
OKCOIN:LTCUSD3M   None
Hi All!

BBBBBBBig news. Bro news. Bad news! Litecoin need no not anymore. Farewell amore~mio. good coin and appreciate work of the team. You the ones who bring us Segway on Bitcoins. :+1: ;D

Good labrat. Much work. So WoW! But now Loshan what he do ?! SPELL OF DOOM

When Segway on Bitcoin then Litecoin memory Okay okay cray cray...



  • 1st peak from Segwit
  • 2nd peak from Coinbase
  • 3rd peak from C.L. visit to J.W. -> fake news about cities and cars built on litecoin and cooperation of Amazon -> f a k e

=== who need fake news to make new peak? only those who know there is no more real news to come
===== not so long ago they tried to break out of 3-year long downtrend on ltc/btc pair. Pain, so many have they trapped. It not happen, sorry. Now just bleed.
======= Charlie own more Bitcoin than Litecoin. Charlie smart. He knows. Slow-bleed.

  • testnet for bitcoin no more, now vice-versa --> aka litecoin will be missing features that bitcoin already has
  • faster, but not faster than lightning network on bitcoin
  • bad code-base. talked to a developer of bitcoin ATMs who added implementation of Litecoin. "Oh so much pain you never seen. Backporting bitcoin libs onto litecoin code and fixing lite api which is a copy of bitcoin, but several years unattended"


Entry: $46
1st Tgt: $39
2nd Tgt: $32
Stop: $49


Happy trading! ;)

Join group PM
Trade active:
MMMMMM :P prntscr.com/g01gs9
Comment:
Entered $46
If you took some profit $41-$42,
Then Reshort $43-$45

Shaolin Fry left Litecoin.

twitter.com/shaolinf...s/889904255435452416

Bearish bearish bearish.

Forget this labrat ever existed. Jump the ship.
Trade closed: target reached:
Perfect touch-down on $38. Exactly as predicted in the chart! -> $39 was the first take-profit target. Super-sweet 200% gains on 10x leverage.

Now we are most likely going to follow Cyan arrow.
Trade active:
Bitchy LTC going xactly as predicted.

Pretty strong move I must say. 10% up in 15 mins. I closed my longs here. Starting a short here, but careful. Using DCA method -> shorting a bit every few hours to get nice average price no matter the manipulations. For the sole reason that moves like this usually have another leg up.


Easy, Happy Trading! ;)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.