Shooting star on weekly chart...
a RED shooting star at that...
Stochastic show overbought,
MACD convergence...
Any takers?
Accroding to the rumor mill Segwit activation was a success, at the expense of fraud allegations.
www.coindesk.com
themerkle.com
I'll probably wont act on this one because i need money for a new car, however, it seems like the ltc is on the downside of its uptrend channel, with all other cryptos having the time of their lives staying at the top of their uptrends channel, it is time for ltc to have it second wind, Segwit has been locked up, and in 12 days we will have it's full...
Hello :-) please comment your ideas about litecoin future :-)
im gladly happy that segwit is locked and will be activate soon as period 6 completed.
I think that in light of news we can expect price to go more higher than 16$-17$.
to me looks like very undervalued toward ETH,XMR,Dash,ZEC .... etc and mainly undervalued toward BITCOIN. i think and expecting reach...
Neutral on LTC for the moment. The 1h has a green line coming up to touch the red line; indicating upside. One can buy now if they want but have a stop loss in order. One concern is the green line at 68% in the 30m TF. Meaning, it may be almost spent in terms of upside before coming back down "potentially." We shall know more within the next 30 minutes to 4...
update
red supply sell
blue demand buy
but that last spike its more deep in supply zone so its possible to get higher
so ltc need some diskount , still seeing it as buy in long term buyin demands
segwit underway (now it must holds 2weeks to fully activate) looking for it
As you knows litecoin big news came out. Thats why is UP
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Sooo
Litecoin to me is now very positive and thats mean lookin for longs
Blue demand buy
