LTC release date 26th Feburary and we are expecting some good volume as that is the only thing holding LTC to moon. Breakout already done, please refer to the chart.
With everyone's attention on Bitcoin's price skyrocketing, Litecoin has exploded higher. This daily chart which is almost 1 year shows Litecoins incredible run higher.
Litecoin has broken out of the flag pattern it was forming. It had a strong break out followed by a classic re-test of the upper trendline. I am really liking how LTC is looking here, I continue to slowly add to my position.
LTC has had an incredible run the last two days and I am really tempted to buy more but I have decided to be patient. It is possible LTC could breakout above the upper trendline and continue higher, but I am going to wait to see if LTC will pullback and possibly re-test support in the $135 area. If it does I will be ready to buy, I believe it is worth the risk...
This is my view of Litecoin. From what I see it has been for the most part trading in an upward channel, I could see this continuing over the next couple of months,
giving traders buying opportunities near the lower trend line and selling opportunities near the upper trend line. I have not really been trading Litecoin, I am in it more for the long-term (min. 1 to...
LTC has been following BTC trends recently... But i sense a change in the force is coming.
This may bounce since we are in deeply oversold territory,
All below 49 is fine in my opinion, Primary target 56, after that we go back to testing all time high in my opinion.
LTC has a bright future ahead, if you want me to chart it more write in the comments.
Be safe
Possible flag pattern on LTC going to reveal. It's pretty parallel. It might go up to 54-56$.
BTC tip: 1FPc96NnpW5rC4RqVVYSRAd8BNHPM4ecJa
LTC: LZ8Q9cNyGYdNxAhjU4zNaFv4SrcmZyToPk
Thank you :)
