I can see my reason for optimism quite clearly. Assuming it follows it's bullish trend for the last month it can easily hit .01142040 over the weekend perhaps higher especially when you take into considerations the regular updates from Litecoin Dev Charlie Lee that Litecoin will be added to Coinbase along side Ethereum and Bitcoin. i'll keep you posted. There...
So i put up a chart for LTC/USD but i prefer to trade for BTC so i remade it here with a USD comparison. New to publishing ideas so not sure what you will actually see till after i publish. I have an active trade i bought in at .00996 and .00865
A little birdie says two weeks till Litecoin goes live on Coinbase. So this is what i'm working with so far. This really looks like a super optimal buy in position. It's hard to imagine it going lower but then I didn't think it would go this low. I'm already back at .00996 BTC but planning to buy in more where it is now. Many updates coming over the next two weeks.
LTC continues it's climb to complete the fifth wave in our bullish Intermediate Elliott Wave. We have a potential 36% gain, with only a small 4% loss risk. I recommend a tight stop like this, because I don't expect a breakdown below the strong support line at .0091. Hopefully, LTC will correct to test this support line, and we can buy long with a good chance of at...
I hope no one got trapped in this nasty scam of a coin that is Litecoin. The accumulation was brief, and it seems like the scammers behind it are taking profits, so prepare for a 9 day decline back to where it started to rally, unless support holds. I would still, not like to be involved with something so easily manipulated and shaken around due to being illiquid,...
Right now LTC is in a pretty interesting place. With Segregated Witness support at the strongest its ever been, 82%, it looks like it might be implemented on LTC within the next month.
So, with this in mind, I think LTC looks good over the next few weeks. However, I think a correction still needs to happen, as I feel the price is still a bit inflated from the...
Possible larger Cup & Handle - with the smaller C&H I posted earlier being the handle for this one. Target coincides roughly with another major resistance line / previous peak.
As I'm typing this I'm seeing the price fall a little bit - that may invalidate the smaller Cup & Handle (there were some bearish divergences that needed to be resolved at some point,...
Looks pretty good, volume matches up so far, LTC is obviously bullish - keep a lookout for a break above the neckline.
Target coincides with a previous peak.
If SW of LTC is active, we might have a push up towards RMB 100, but at this price we will have a GREAT resistance, and we need to be very careful about the retracement coming next, if it's going too deep and fail to pass RMB 100 again, this mega wave will be OVER.
Good luck!
We're still going to the moon, and the process will likely happen next week. I must admit that my last chart was inaccurate with the prediction, so I have made a new one. Please tell me what you think in the comments below.
This one is looking very interesting so stay tuned.
Good luck!
Disclaimer: As usual, this is not a perfect prediction. Don't put all of...
