LTC Day chart setting up
Once Stoch RSI is ready we'll move up on the day chart. Entry on the lower dashed lines is recommended. Bottom of correction should be between the 39-41 range.
Keep in mind that LTC has stronger fundamentals compared to most altcoins. It is technology that has been proven and tested, it is 8 years old, it is just as secure as Bitcoin because Litecoin has never been hacked, and once layer 2 is complete; layer 3 decentralized apps are likely going to run on it. That means we can have decentralized assets on the Litecoin network just like ETH; these assets and applications mean added value to the decentralized network. So in the next 1-3 years expect at least another 1000+ % increase. That is assuming you are willing to play the long game. Patience will pay bigly.
If you are curious about layer 2: youtube.com/watch?v=3PcR4HWJnkY
The LTC/USD day chart is one of the most healthy trading charts in the entire market. It goes up consolidates, builds support, and then moves up again. LTC has been going for higher highs, and higher lows every month. You can check the month chart.
Keep in mind that LTC has stronger fundamentals compared to most altcoins. It is technology that has been proven and tested, it is 8 years old, it is just as secure as Bitcoin because Litecoin has never been hacked, and once layer 2 is complete; layer 3 decentralized apps are likely going to run on it. That means we can have decentralized assets on the Litecoin network just like ETH; these assets and applications mean added value to the decentralized network. So in the next 1-3 years expect at least another 1000+ % increase. That is assuming you are willing to play the long game. Patience will pay bigly.
If you are curious about layer 2: youtube.com/watch?v=3PcR4HWJnkY
The LTC/USD day chart is one of the most healthy trading charts in the entire market. It goes up consolidates, builds support, and then moves up again. LTC has been going for higher highs, and higher lows every month. You can check the month chart.
Note
Picked up more LTC at 42'sNote
It is very likely that this is the start of the real rally.Note
6hr chart looks good: coinigy.com/s/i/59948b99be979/12hr chart looks good: coinigy.com/s/i/59948bf071057/
Stoch is almost ready on the day chart: coinigy.com/s/i/59948c1bbcffe/
Note
Bids moving up.Note
Day chart with more indicators: coinigy.com/s/i/599498169a20e/Note
Kaboom!Note
You are welcome peeps!
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