Big Bear div on the 4 hr looking to see if it closes below 975
If LTC breaks local high, it can go higher otherwise probably goes back to being dead again
Heard I need likes to get rep. No idea what these charts mean but have gone long on LTC
Litecoin is moving great within the channel. The blue parabole shows my prediction for the price on next hours with potential bullish continuity.
Took me by surprise and can't believe I had already charted it. Didn't trade it cause of following up on Bitcoin, Ethereum and Monero. Where do you see this going? I see it going a bit further, at least to 0.0093. I'm going to follow this through so stay tuned.
LTCBTC is on the top of the short-term channel and fighting some resistences. Breaking them would means go up very quick, while not doing it means visit again the base of the channel.
LTCLTC
Going to try and catch a quick opportunity. SL 0.0059 TP 0.0073
Charts are showing a pattern to indicate trend reversal in LTC/BTC market. Expecting price rise throughout March, April, May. Peak in July.
This is the rock, so who knows. But there has been some strange activity in the LTC/BTC, LTC/USD and LTC/CNY the last day. I'm still neutral, but watching. Bottom indicators are OBV (blue) and A/D (yellow).
a head and shoulders followed by a flag
Since the LTC/BTC ratio broke below .004, the accumulation / distribution indicator has been rising (on Poloniex). For the last 40 days, traders have been acquiring Litecoin. Today, over 1.6mm+ LTC were bought on Okcoin, which is an unusually large amount of coin. Buy volume is increasing and sell volume has decreased. I am bullish.