The good, the bad, and the ugly.When the Stoch RSI of 2H reach the over sold zone, we will find out.
Good luck.
LTCCNY
Chikunland murdersHi All!
LTC is super-duper awesome most superb coin. But right now, ladies and gentlemen, what you are about to witness is
MASS MURDER IN CHIKUNLAND!!!
Exit long if you told your wife you gonna be millionaire. And send me BTC tip here:
17Lc7bEZeoZKAARUjXywgVBfLMVJJSHbm5
If pro, go short.
Happy trading! ;)
Little explanation... too much fresh money bought new quarterlies thinking it's safe haven. Well... It is NOT!
Oooh and I love this picture: prnt.sc . Borrowed chart from Toothpickle and edited.
LTC, half way back to the glory in 2013, 300 YUAN up ahead.I want to share something I found, during this time LTC price shocks around 194 YUAN, and I draw a Fib retracement level from 2013 top to the lowest point, 194 is exactly at 50% !
In other word, we are not reaching top yet, if LTC break through this triangle before reaching it's end, that will pull up Stoch RSI on daily, I think we will have a great chance for going up to 300 YUAN, and that is 78.6% of the Fib retracement.
LTC, still Bull market?The market didn't turn to panic as my last analysis, and the buyers and holders shows their strong confidence, that makes me to review my chart and make some update, for now LTC futures is still running in the up channel, if the lower track holds, we will see a 5 wave coming to make new highs.
But still, the Stoch-RSI on 1DAY and 3DAY still makes me worried, so, wait for a break through... in any direction.
LTC Bullish Hourly & Daily Massive Bullish OBV divergence (clearer on Hourly)
MACD is pinched and primed for a move upwards (clearer on Daily)
RSI has plenty of room to make a run (similar on both TFs)
Stoch RSI oversold on Hourly, but not super worrisome on Daily
This week, OBV bull div seals the deal.
LONG
Also, something about Charlie coming back feels fortuitous.
______
Poloniex LTC/BTC
This Sh*t is about to go to hellWait daily chart reaching red circle and prepare for the short, let the bear ride this sh*t to the hell.
Arise LTC Chickun!Hi All!
Today we are going to share with Fellow traders the Best upcoming trade for the next few days/weeks. Arise Chickun!
Long LTC quarterlies.
Entry: $29
1st Target: $40 - Aston Martin Db11
2nd Target: $50 - Playmate + Aston Martin Db11
Stop-Loss: $25 - sell house, buy more Litecoin
FA:
Bitstamp adding margin trading + Litecoin trading in the same day. After Coinbase we went +50% in a single day!
2 full-time developers hired a week ago, github tasks getting finished. RSK and Lightning network teams are in close contact with the Chickun team!
Rumours leaking of Uber adding Litecoin payments in addition to Shift payment method. -> psst
Czech Republic's Crypto Institutes implementing Litecoin , leaving behind BTC and replacing it with fast, unclogged and cost-friendly Lightning coin.
RSK on Litecoin. SmartLitecoins. 2-way pegs. Atomic swaps. Drivechain.
All TOP 5 Litecoin Rich-list started adding to their piles. New wallet, #2 largest added 2.4M litecoins four days ago. Pump imminent. And when it comes it will be gargantuan ~ +100%!
Litecoin more technologically advanced .
Prohashing banning BTC transactions < $250, chickun arise!
"If BIP148 were to fail, the alternative would result in LTC taking over." - lukejr
Total crypto market cap broke $100 billion, with Litecoin only having 1.5% share. Undervalued - price was suppressed for long for accumulation by whales.
Trading volume 6-8x bigger than coins with same market cap. High volumes signal reversal, with price having felt from 0.02 per BTC to 0.01 per BTC, it is clear we gonna go retest ATH.
Segwit is activated and running successfuly.
Lightning network has had successful transactions on BitFury 2 weeks ago. Soon to be released?
The list goes on, Litecoin after having successfuly implemented Segwit and being added on Coinbase has gained the most REAL traction of all coins. Litecoin community grew so much, it has become TOP 5 most active Telegram channel in the world!
TA:
LTC/USD in the chart.
LTC/BTC: Long and boring accumulation has been going on in 0.01-0.012 zone. Some high-volume spikes upwards indicate accumulation.
Chart:
Good luck, start accumulating, don't fail on this superb trade! Wait for Bitstamp and Uber announcements - will keep you updated :)
Happy trading! ;)
P.S. PM for trading group invite ;)
LTCUSD 15m - Formation of Bull Wave 3?LTCUSD is trying to pull itself out of it's slump since SegWit activation, a likely case of "sell the news", and there are some interesting wave patterns that are developing across several time intervals.
Ichimoku Cloud indicator on 5m interval shows that LTC needs to pull itself back up to retest the $30.39 (32.8% retracement from pre-SegWit high) in order to continue this bullish sentiment. Stoch RSI needs a recharge, but RSI shows plenty of buy potential; so the price may stagnate here for a few while Stoch resets itself.
The pictured 15m interval is showing the possible formation of a third major bull wave. If successful price should retest (and likely surpass) the $30.39 resistance level, and go beyond to test the $32.00 resistance level (50% retracement). If the bullish sentiment fizzles out, then we will likely see a retest of the $28.36 (23.6% retracement) support level.
I have hopes that LTC will rebound and go to test new highs in the coming days.
Some tips for LTCFor me LTC is not reaching top yet, but what's left is not worth trading for long, right now we are in sideways like last time, after that we will see what will happen with the structure of the technical indicators.
Good luck.
Look back, know future.The blue candle at the bottom is from BTCCNY 4H chart between SEP/2016 and JAN/2017, price from RMB4000 to 8800, I think you can find something familiar, I'm not suggesting you to short, just need to be careful.
LTC getting ready to launchBitPivot waiting for the right moment to pump this coin to the next level. I expect to break up this triangle on Sunday, April 23rd, after the french election.
Entry: 0.009 - 0.0098.
TP1: 0.0145.
TP2: 0.0185.
TP3: 0.021.
Stop-loss: 0.007.
Risk/Reward: 1/3.
This idea is a continuation of the previous:
Good luck.
Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting updates as I have been doing in my previous posts.
LTC Up, Up, & AwayBullish Kumo Cloud Twist Circled.
Many thought segwit lock in would be a sell the news type of event, but we shall see.
Although LTC was once pronounced dead for years, it has awoken and reborn!
LTC has now locked in segwit. After the next activation period it will be live from my understanding. After that will come Litening Network, Coinbase Announcement, and more developments to come.
The trend is your friend, Litecoin is still very bullish and it's possible it could test all time high this year. It's one of the only quality alts that has yet to test it's all time high, and now has a fundamental shift and reason to do so.
This is just a personal idea, this isn't perfect trading advice. I'm still new to detailed technical analysis. Do your own research and trade on your own ideas.
(I think a very modest target range would be $20-30 USD, but it's possible to break all time high this year if LTC can maintain momentum in development.)
Happy Trading!
LTC, wave 4 and 5 or ABC incoming?For now I'm thinking whether we are in wave ABC or we are in wave 4 and 5.
Basically I prefer we are at wave 4 and 5.
For the global view please check: