the float is assigned to somebody else. notice the character of price elasticity
and incognito under the radar moves with no fan fare coming from $23
this is a mark of a professionally handled asset class.
a matured veteran who knows how to provide blessing both the LONG & SHORT speculators
FB GAP DOWN IS A HUGE BUY OPPORTUNITY
Facebook's earnings report a week ago upset investors and the stock fell more than 15% forming a huge gap.
Now stock is trading with P/E ratio of ~20 which I believe is very low for tech stock such as FB. Twitter has a P/E of 3X that of fb. Solely P/E is definitely not a good way to analyse any stock, however my analysis...
LITECOIN is going to break out of this consolidation pattern in the next day or so. The Volume is decreasing and no MAJOR bear volume which is a positive sign. The Daily MACD has potential to cross over so perhaps wait for this cross as further confirmation.
The 4 hour macd has already crossed bullish but IMO i think we may see one more reject from the...
First reliable breakout signal off the downtrend after the long 7 months bear market for Litecoin. (Correction from 48 USD -> 3.3 USD. 14x decrease in price)
We also have a double bottom made on 22.10 CNY (3.3 USD).
This is an extremely good risk/reward place to be taking position on Litecoin with stops at 21.69 CNY.