Due to the LitePay release date on Feb. 26th, we see Litecoin's making it out of the bearish weekend to see a positive uptrend. My opionion is that LiteCoin will continue to make a gradually increase for the next few hours then shoot passed resistance line(Blue Line). Once Litecoin has passed through resistance line we will definitely see an outbreak. I'm not...
LTC/ETH on the daily. THought I'd do this for fun, but ETH had a nice run up a while back, and everything has pulled back since then. LTC is taking this chance to break out closer to ETH prices. Currently is sitting around the .618 retrace, but definitely in a bull market after reaching its recent low. This is mostly a for-fun analysis, and can be useful in...
Soon after the triangle is completed, it looks like breaks out to the upside and makes another measured move to 0.3. This is a similar pattern for LTCUSD as well.
Moving AVG showing signs of an uptrend, looking forward to the next four weeks to see if this trend continues. Would love to see continued trend along arrow to .300 a lot of this is dependent on health of overall coin markets: ETH BTC LTC Thoughts or feedback? Please invest at your own risk and understand this is not financial advice.
Hi everyone, I came today with a quick analysis on LTC / ETH. It seems LTC finally touched the bottum and we have signs of reversal. - MACD indicates a turn point with plenty of room for growth. - RSI also turned with bullish signal. - Stochastics are also bullish Given the actual situation accross crypto currencies, invest at you own risk. Don't try to put...
Full post on my Yours blog (in my signature) with lots of complimentary fundamental analysis and an optional trading structure and update thread. == Litecoin is goin’ up, and many people are ecstatic. Congratulations to all LTC holders on realizing gains on your investment. I know with how this coin dumps during downswings that it hasn’t been easy. To those who...
The chinese FUD hurt LTC the most since china was big into LTC, if china gets back into the market or once this stuff settles down and market comes back strong, LTC should also come back strong as well. The chart could be a double bottom, before meeting its friend at the top?
LTCUSD is heavily correlated to BTCUSD. Exit all positions and look for new strong longs. Possibly buy some physical GLD or SLV. The best rule is to diversify your baskets.
today was a positive day since midnight. However I think that we will still continue to see consolidation and those who bought the top to exit at these levels.