LTC/BTC is nearing the all time lows. Sentiment on twitter has been horrible and saying LTC is done. However, I think having a contrarian view is profitable. Here are some signs showing that a reversal should be happening in the future. The MACD is showing bullish divergence for over a year now. The RSI is showing bullish divergence too. The recent price action...
This is only 30% away from 2016 bottom, pre bull run.
Not sure what to make of this really. Did sentiment flee from LTC due to big man Charlie Lee selling the top of his own coin in 2018?
I would buy a small position at the '16 bottom or within 10% of it just to see what happens, it would seem like it had asymmetrical risk-reward, unless it's literally a dying...
Bad news for me hodling LTC
Great news for anyone stuck underwater in a shitcoin with lower lows and no fundamentals, they can still switch it all into LTC and make it back
bad news for me, I might have to hodl till the end of the year
Good news, looks like BTC will break 20K for Christmas
we have overall negative sentiment, so it should not be surprise that crypto is falling as well.I dont like to be short BTC or ETH but with these conditions we may try to find to nice setups ...
LTCBTC short on the raise to the 4290/4350 area
Stop above 4500
The first target is 3600
Second target 3100
BINANCE : LTCBTC : Broadening Formation
Note: This is only for Educational Purpose this is not an Investment advice.
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Do you remember the old days, when Litecoin was one of the most desirable Altcoin?
Also announcer of alt season, or Bitcoin's movement?
Well, LTC is now forgotten one. New hyped popular coins overtake his position in top5.
Why does this matter? Because LTC still has lots of retail investors who never forgot that they were adviced to sell it before marked...