With the Ethereum bubble fueling loads of altcoin pumps these days, most people are keeping such a close eye on it that the accumulation on LTCBTC seems to have gone largely unnoticed. Litecoin is even considered dead by some traders, which to me signals a great buying opportunity. It is not a matter of if, but when Litecoin is going to pump again and when...
I thing the waiting time is almost gone. Time for LTC to push up!
I think we see Litecoin OKCOIN:LTCUSD THEROCKTRADING:LTCBTC moving in quite wide channel here. We are reaching almost resistance level and stochastic shows overbought market. I think within few days, maybe week we can expect price decline to like 3.0 - 3.1 USD per LTC Thanks for commenting and sharing your thoughts on this analysis
LTC is currently heavily oversold. It is at the bottom of the multi year linear trendline at the moment and history has shown that it moves in concert with BTC when it pumps. Buying at this level and setting stops below the linear trendline makes alot of sense, Conservative buyers should wait for price to rise above 0.009 which was previously support from...
With all this drama around Bitcoin, is LTC going to be looked at as an alternative?
This indicator measures bollingerband width to compare how tight the market has compressed at different times in history. These compression indicate massive accumulation of positions and once the market is decided they will trend for weeks or months. This price chart is the all-time LTCUSD price chart, before there was even a LTCUSD market (the LTCBTC pair goes...
It would appear as if the bear market in Litecoin is still valid. The previous trend signal has a very bearish target for the coming 8 months, and there's a possibility of getting a new bearish signal, from a lower starting point. This is indeed, very bearish, and is confirmed by rgmov (not shown here) retracing but not forming a new 44 bar high (we recently had a...
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...