Looking at important levels for Litecoin & where I can stack up the most.
I have bought 4 Litecoins @50.50$ average price.
My goal is to have 10 litecoins in my crypto portfolio.
So still 6 to go :) I will surely buy them under 45$
Just got home and ive noticed a nice opportunity on litecoin.
I did buy litecoin using EURO, or FIAT.
Definetely i wont convert or buy bitcoin now.
I ll post it here when i close it.
my think to litecoins future is very green.
One more strong resistance to go.
I think markets has enough momentum to break resistance, but if not litecoin (in my opinion) goes to last months average and in future has big potential to go up and break resistances.
Comment if something is horribly wrong in my thinking.
Firstly, comment if Im wrong or something is wrong!
1. Tried to break resistance, not enough momentum.
RSI was high (overbought) and momentum wasnt enough.
Dropped again to support. It helds easily and started 2
2. Strong bullish move. Broke resistance but didnt hold this time. But still lots momentum and price didnt drop much.
Second peak(continue still) tests...
LTC is currently correcting from the Elliott wave structure prob till 0.5 or 0.65 fib lvl and is forming a downward channel.
After correction I think we are going to see the 3th wave of the bigger Elliott wave structure that it is forming.
NOT a financial advisor, seriousness reduces life. Make sure you feel blessed when waking up, millions of people died during...
Litecoin is forming a nice wave structure after breaking out of the massive downward channel it was in.
Around € 140,- € 150,- the correction for the Elliott wave structure will probably begin due to that range also being a resistance line in general.
I would advise keeping an eye on it.
"NOT a financial advisor, seriousness reduces life. Make sure you feel...
