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Litecoinpredictions

Litcoin's relative price against Bitcoin weakeningThe LTC price breached a crucial resistance against Bitcoin and the relative price against bitcoin seems to be weakening. The overall trend line also seems to confirm the same trend. We can still wait at this point partially to see how the trend spans out in the subsequent days. If there is a jump above the crucial resistance line pointed out the prediction will be invalidated and we might have to observe how the new position looks like. But at this juncture I still see the relative price headed down south till it reaches the oversold territory where at that point there might be a minor bounce. The strategy at this point is partially sell, and re-enter if there is an upward movement. Otherwise the next buy zone will be when RSI indicator reaches the over sold zone. Please note that the trade calls are the authors opinions based on technical analysis and hence readers are requested to do their own in depth study before investing.
Long
by SuperCryptoNiteAnalysis
LITECOIN / LTCUSD HAS HIT THE BOTTOM. NO WHERE TO GO BUT UP!My position now is officially long on litecoin. We have hit the june dip that should have been predicted from past years trends like the january dip we had. I believe we have hit the bottom. There are three trend lines converging to form a nice bottom and we should see a rise from here. This is my first tradingview post and it'll be fun to see how my prediciton plays out! I have been trading currencies since I was 18 in the forex market and have been in the cryptocurrency market for the past three years. I have had a succesful track record the past few years personally and I hope to help you all out as well! Lets make this money!
COINBASE:LTCUSDLong
by InvestmentSpam
2
LTC back to $40 - $60?The image explains itself. Although it’s in euros, the behaviour is the same. I have to say I haven’t got any LTC and not planning to buy anything, so I’m not biased at all. It’s just an idea of what it could happen to LTC. Take your own risk when investing. I’m not responsible of your actions. As you can see in the previous pump that I have circled in red, everything that goes up, has to go down, and I’ve seen a lot of posts saying it will going up. To be honest, it’s a possibility, but use your common sense and don’t think it’s always going up, since it has to go down one day and “land” again. Once it “lands”, it has to run through the “runway” to go up again. That said, I think it will go down, touch the bottom after some small or acceptable pumps, and wait for people’s fear to stabilise. It’s a correction, but not the end. Again, trade at your own risk. I will not be responsible of your actions.
by Andbcoin
12