Besides this indicator, other indicators, such as RSI, StochRSI, and volume, show that litecoin has been oversold on both pairs, on multiple time-frames (short and mid-term). Volume is also increasing rapidly, and LTC development and community activity has never been this high. With bitcoin possibly hard-forking in August, smart money is on/should be on litecoin....
Hope ya'll bought the dip! WEAK HANDS have been shaken out. LOL. Lets segwit and chill, eheh.
Ultra rare pattern, there isn't even data on when this pattern last occurred. BULLSIH
Stuck in a downward channel, finding support at 38.2% and testing previous resistance at 11.2 from April 6th, unable to go past, keeping in a channel. New target is support found at April 3-4 around 8.3 or the 50% fibo level. Waiting for stoch rsi to pass 20 to signal a buy.
Keep an eye on $8,65. If it breaks on high volume across ALL exchanges, it will break an almost 3-year high. That will be solid confirmation of the bull rally. Could easily shoot up to $10 after that. Signed, Fuderick
Forward from FUDERICK: The first phase of the coming epic Litecoin pump has been initiated. I have reset my first target: Between $10-$13 to be hit by the first week May 2017. There will be a small correction after that, to test new support, followed by an epic pump of unimaginable proportions; $32 per Litecoin by August 2017. And that will be just the...