Pretty clear path ahead now that 33.41 level is broken (orange line; the long term decline trend since the start of the month) Perhaps a little retracement at 38.06 level due to the previous high before making a new high for this month. I do expect 42~46 CNY to be the peak of this rally and it'll make a pretty good shorting opportunity.
This may be the final push to Litecoin's coffin if $4.3 support breaks, we have almost zero support for Litecoin after $4.3 since it got pumped way too fast back in December. Expect more downside, $4.3, $3.4, down to $1.
Yes its a crap coin, its a shit coin, its not an innovative coin but will history repeat? It seems too cheap to resist at the moment, and Litecoin have tanked through the fall of Bitcoin from 540 to 500 at a stable price of $4.8. When you get 90% of people agreeing that something is dying, that's when you get in for a hefty profit and you know its in the...
We had a potential breakout for Litecoin previously, with a retracement of less than 20%. We should have another rally above $7.4 but was failed due to the declining BTC price causing a sell pressure on LTC. As of now needs to overcome this falling channel before it can breakout above $7 to $7.1 again. * StochRSI is swinging to the bullish side. * Relative...
Ongoing triple bottom formation. RSI looks to be breaking out of the downtrend in short term, if successful we should see price hovering around $7~$7.6 over the next few days. However you should also be cautioned against the current sentiments on Litecoin. Given the competitive market of alt coins with strong contenders like Dark, Black, NXT & more. The bulls may...
Bullish signal picking up this is the second bounce off a strong resistance $7.5. -Complete of minor and major wave 5 of Elliot wave. (reverse wave A is uptrend) -15 hour TTF crossover from the red region (defining a buy) -RSI breakout of the downtrend channel We may see a final retest of 7.5 before the uptrend if this support holds