Let the games begin Ladies & Gentlemen.... LTC finally breaking out of a massive descending wedge its been in since May. Lets hope this one holds.
Much like we discussed with XRP, Litecoin is also a sleeping giant that is about to awaken as alt season rages on. Litecoin has been forming this falling wedge for over 2 years and has reached a technical level that has served as support in the past. This is a good entry point before we see a potential breakout, and sure towards resistance levels...
Dear Gamblers, There's not much to say on this one. To me is pretty clear. I've left my other huge investment in BNBBTC to just focus in this one. I've bought at 0.00433 LTC/BTC and I'm planning to hold it some months other coins are also on the move (ETH, ZEC...) but I specially like LTC because nobody is paying attention to it, that's for me the best set up...
LTCBTC: Falling Wedge Pattern. Note: This is only for Educational purposes; this is not investment advice.
LTCBTC in weekly chart still not test Demand zone. As my personal thinking Market need to test demand zone then it will maybe move to Upside. There is Litecoin Block Reward Halving on 05 Aug 2019, Still, 15 Days are there. The Litecoin block mining reward halves every 840,000 blocks, the coin reward will decrease from 25 to 12.5 coins. You can watch an...
After retracing back to .618 fib level after having relatively healthy run for most of 2019, it looks like it has a lot more in store for the year. I'd say to long the shit out of this but with equally tight stops. Havent seen anyone talking about this yet. This would be invalidated on a break below support.