LTCBTC cup and handle failed MAJOR FAIL. Anyone still in Litecoin is delusional and is in for a nasty surprise. Litecoin is a scam pump and dump coin meant for increasing BTC stash. It had its pump for this year, better luck in 2021, when the next opportunity to dump your LTC bag comes. #RektPlebs #Litecels
Litecoin/Bitcoin ratio EXTREMELY overpriced. Target: 0.003. Those buying LTC now will have 4-5 times less BTC within the next 3 months. LTC is a major shitcoin, dont burn your hands on thsi!!
If LTC doesn't hold $75, next target is $20, after which Peter L. Brandt's long-term LTC target of sub $10 might become reality. Litecoin Fools (tm) are very high and happy right now, usually a sign to dump it into oblivion before the bloody waterfalls. LTC ratio getting slaughtered even more. Do not wait for a halving pump, it won't come. It's over for Liteshit.
Only hope left for Litefools. If it does not play out, expect #REKT beyond recognition.
Its over. No hope left for you. Ultra bearish double top. Target: $13 Sell now or get ultra-rekt later, eheh.
Possibility of an Adam and Eve Double Bottom exists on BTCUSD daily chart. Adam bottom looks perfect, the Eve bottom should have a rounded shape and don't drop below the Adam low. Confirmation when price closes above the peak between the two valleys.
Look at the comments! Below, summarized once more: 1) We are about to have a golden cross on the weekly chart. It is also visible on the daily chart and with mother moving averages. 2) Possible Adam & Eve double bottom playing out. 3) 200 MA still acting as support. 4) Sell volume is decreasing; sellers are exhausted. 5) RSI almost completely reset again;...
Resistance at around $3.6k. Sellers getting exhausted. MACD looking to cross. 6th red monthly candle; never in the history of BTC have there been more red months in a row. FUDsters and scammers have been flushed (Craigh, Roger & co). ICO's flushed. Weak hands flushed. Lots of bullish news; BAKKT, Fidelity, governments using BTC to circumvent sanctions, global...
We broke out of the falling wedge, but I don't see many people talking about this? Almost starting to doubt myself. We also had a MACD crossover and volume is picking up. I don't see a larger falling wedge, so to me, it looks like time to test the resistances on the chart. What do you think?
Steven Mnuchin, 77th Secretary of the Treasury, just announced (on Sunday, on Twitter, on the day before Christmas eve) that he had individual talks with the 6 CEO's of America's 6 largest banks. Accompanied with a statement attachment that is supposed to calm everyone down. Stock market's just experienced their worst week in over a decade and the future looks...
There are some bullish divergences. RSI is going up while the price is going down, we have a MACD cross, and something that looks like an inverted Head & Shoulder on the weekly chart (long way to go for it to be confirmed, though).
On December 16th, we had a long-legged doji (regular doji) with a close above the midpoint. This shows bullish strength. Other bullish indicators are the falling wedge, a potential inverse head & shoulder on different timeframes, and the extremely oversold conditions. In addition, the MACD crossed (in simple terms; blue line over orange line = good). This is the...