StefanP

StefanP

It looks like a very strong downtrend. Do bears have already over? Break 250-260$ bring bull hope, but break 210$ send price even to 60$-130$. In my opinion - downterm continuation.

StefanP

Not good news for bulls - no momentum, still a lot coin to sell from distribution (miners) and swaps. But there is still HOPE... for 250, 320, 415 and 675. There is still downtrend - bear have (but small) momentum right now, targets: 220, 210, 165, 130, 100, 80, 60. In my opinion we go more down to finally finish downtrend. We will see.

StefanP

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StefanP

100$ -> 1200$ bubble must be tested. Throughout 2014 Bitcoin couldn't find the bottom (300$ is weak). First I can't belive that bear trend can push hard price to the ground but now is some potential to push price harder to 100-150$. There is possible that bubble is fake out (Mt. Gox willy bot) but I'm not shure. We will see. IF we break 300$ rest what I show...

StefanP

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StefanP

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StefanP

This is only speculation... but... :)

StefanP

Head & shoulder + ascending triangle Details: analizy.litecoin.pl

StefanP

Many trades are are nervous... support 0.01075

StefanP

no need description...

StefanP

...

StefanP

Litecoin != pump&dump Innosilicon make first scrypt ASIC on april 2014 and get about 30$ mln from the sale of them (2 months) ! Big money! As of today we have 35.5% of all 84mln LTC, another 35% of them will be mined within the next 12 months and then inflation will be at a level such as in the case of Bitcoin now (~ 11%). Award for the block in August 2015 will...

StefanP

As in the case of the exchange Bitcoin. LTC / BTC is under test at the level of the support 0023.

StefanP

Consolidation > UP

StefanP

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StefanP

There is 3 thumbs up/down, triangle is forming. When price go above triangle we see strong rally - this will be good signal.

StefanP

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StefanP

This trendline is very strong. WOW :)