Neutral case on this one; Not really sure where it will go. Targets are approaching OTE on the upside but honestly, after the pump and dump they rarely ever recover past even the 38.2%. I think that is less likely than a slow bleed down, even if BTC rallies. If a rally to 0.017 happens and holds the support trendline, a breakout has the potential to return to...
After Completing the Preliminary Retracement Identification Analysis on LTCBTC it appears that it may have just completed a Double Zigzag or Double Three correction. The Count I'm looking at has the peak in December 2013 as Wave v of 3. Down from there begins either a zigzag or a complex three correction, which is followed by an x wave and then another three....
Its obvious how this have all been planned all along, together with possible insider trading. (coinbase) Having the first US 'regulated' exchange will not instantly bring us to the moon. Its all hype and speculation to lead people into believing that fresh money will pump it. So much for Coinbase having a teaser site ( coinbase.com ) Learn from the lesson and...
i will leave it here as there was no new charts for the last two months. looks like that the hype of litecoin did have an end and for now it is one of the undervalued coins, i think. The only thing i am sure of is that the ltc/btc ratio will be once again in the 0.048 region. Probably in one or two years. I originally followed the chart by ronfkingswanson, but it...
Feel free to discuss this idea. Note that I'm by no means a pro trader so please don't take this as trading advice :)
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...
Litecoin continues its downward trend to create a new bottom of 39 CNY, lower than the previous bottom. I continue to believe my previous assessment that Litecoins fundamentals are no longer enough to keep it in the position as the second place coin. Unless something very extraordinary(i.e, Litecoin on Coinbase) happens to Litecoin at this point, it's bound to...
It is good time to start buying some LTC. LTC/BTC pair is moving in a really wide channel. I dont know how fast LTC will grown up (because at april and november we got nice bubble on BTC also) but it is obvius - LTC will cost more in few monts (100-200% it is of course real).
This is my first chart. Giving LTC a run for its money with a high time frame and some structure analysis. Early April 2013 - first jump -8 months Late November - second jump -8 months late July/Early August - Possible third jump based on time frame and where lots of structure present. Also a good entry point possibble July 9, 2014. Structure with Fib...
After much volume and powerful movement over the last few weeks, I think we have reached a peak after failing to break through the $680 zone. A great rally none the less. It's time for the Bulls to recharge with a short term dip into to the $500 zone which will be seen by many as the last time BTC will be so cheap. I expect a lot of buying at these prices and a...
RSI and MACD are both diverging at oversold levels. LTC/USD is ready to move as well making this the perfect storm for LTC.
OK, i checked the last chart of LTCBTC, BTCUSD an LTCUSD and find simmiliar scenario as today. LTCBTC was on downtrend even the BTCUSD gained 50% and LTCUSD just maybe 5% the ratio went down to 0.01831 when BTC sellers started taking profits and maybe more of them switched to LTC so they could gain another 40%...very smart. there was no darkcoin, no asics on...
The LTCBTC trade, or as I like to call it: The Litecoin to Bitcoin Ratio Trade, has been a part of the crypto currency market since October 2011. During that time Litecoin has traded from a low of 0.00041 in January 2012 (1BTC = 2439.02LTC) to a high of 0.05198 during the peak of the last parabolic boom cycle (1BTC = 19.23LTC). This volatility should be viewed by...