Despite the recent fake news involving Walmart partnering with Litecoin (LTC), the digital asset has still managed to have made over 950 millionaires, according to information on bitinfocharts.com. Over 816 Litecoin addresses, in particular, have more than $1 million worth of LTC in their wallets, with 136 addresses possessing more than $10 million in the...
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Litecoin has met resistance at upper levels in the $100 handle. A series of red triangles at $191 and $195 suggest that these upper levels were too much for LTC to sustain, and we have retraced back to value in the $180's. Currently, we appear to be flirting with support at $184, as confirmed by a series of green triangles at this level. This is a very narrow...
Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!!
People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term...
Hello my friends!
Why is Litecoin a good addition to Bitcoin? Litecoin has Lightning for instant transfer and Atomic Swaps for cross-blockchain trading. Litecoin is a pure cryptocurrency like Bitcoin. It was created based on the Bitcoin protocol. It has a low block time and low transaction fees. Litecoin is one of the most widely accepted cryptocurrencies,...
- If we take a look at the chart, we can definitely spot an ascending triangle .
- We have very important double top resistance right at the ALL TIME HIGH level.
- Litecoin (rank 16) is prepared for a huge pump!
- We need litecoin, because bitcoin transactions are very expensive.
- That's why everybody uses litecoin at this moment. (Paypal, ATM machines etc..)...
It's been a little while since I've posted a written analysis on the market. I've been working on a lot of things, mostly related to the creative arts and social work (I'm still in my master's program). I appeared recently on my friend's podcast, so I'll be linking that in my status when it's ready.
In any case, the last time I wrote about Litecoin, it was still...
Perfection through simplicity.
1) Invert chart
2) Log scale
3) Connect ATL trend line
4) Start cloning that trend line consecutively
5) clone the new line
6) repeat step 4 and 5
7) don't change the zoom or else distance of clone will also shift