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Litecoin forms a W pattern! Price discovery soon?Well it looks quite good for the little bro of Bitcoin. We might go into discovery mode very soon. Fundamental: - MWEB is coming. (Quarkslab declared MWEB a safe and effective way to improve financial privacy) - Taproot is coming - Litecoin transactions near an all-time high after gaining ground in consumer finance - LTC Visa Card - More Adoption Technical - Nearly ATL against ETH and BTC - Potential W-pattern on weekly chart This is not a recommendation to sell or buy Litecoin or any other crypto asset. Always do your own research. Never invest more than you can afford to lose.
COINBASE:LTCUSDLong
by Lobotto
1
SE NECESITA QUE COMPREN BTC Pero para lograrlo e se tiene que llevar al precio hacia los 8800 min. si se lleva a 9200 seria algo muy bueno, por que romperia esa linea de tendencia que se formo y el populacho empezara a comprar, para despues, seguir en ese dicho descenso con unas ganancias que si valdrian la pena. Asi que espera, deja que llegue a 9000 alrededor para que empiezes a comprar.. ; ) En 4 horas ya empezo la fuerza. parece que seguira el mismo camino en 1 dia, pero dudo que las dos lineas en el macd supere la linea 0, un indicio mas, asi que el pronostico sigue, nos vamos alrededor de los 6000, por lo pronto es mejor llevarlo a los 9000 alrededor, para que se mueva esto.
Long
by AFOzva
Bitcoin constrictors swallow their prey wholeBitcoin constrictors swallow their prey whole, without chewing it. After that they are not able to move, and they sleep through the six months that they need for digestion." I pondered deeply, then, over the adventures of the cryptocurrency . And after some work with a MACD and slow stochastic I succeeded in making my first drawing. I showed my masterpiece to the grown-ups, and asked them whether the drawing frightened them. But they answered: "Frighten? Why should any one be frightened by a corection?" It was a picture of a Bitcoin constrictor digesting my savings. But since the grown-ups were not able to understand it, I made another drawing: I drew the inside of my portfolio, so that the grown-ups could see it clearly. Then they get frightened. The grown-ups' response, this time, was to advise me to lay aside my drawings of BTC correction , and devote myself instead to real job. That is why, at the age of twenty, I gave up what might have been a magnificent career as a crypto trader. I had been disheartened by the failure of my portfolio. Grown-ups never understand anything by themselves, and it is tiresome for children to be always and forever explaining things to them. So then I chose another profession, and want to learn to pilot airplanes
BITSTAMP:BTCUSD
by wojtach5577
1
Litecoin: LTCUSD Back on the Highs with BitcoinLITECOIN: LTCUSD Wave Power and Chart Porn This was a short on Wednesday with a stop at 80, only flipping back from negative to positive on the interesting but hair- raising retest of the downtrend line shown on the chart. Once broken above the downtrend, that retest...look at it... it flew high and then came all the way back to the same line, used it as support/little double bottom there too and off it flies ...then a continuation pattern and then this incredible impulse wave yesterday, so strong and true. Really technically beautiful. No Alt trends like Litecoin does and so it's a favorite trade for trend followers, evidently, as the chart shows. One that you could tear out and return to and drool over: full-on chart-porn. Now it's back testing its highs with the old dynamic support now likely to act as near term resistance above - Bitcoin is testing the old high too now - so either take profits at 102 and re-enter long again if 104 is broken on upside with stops 3 points lower at most, or run a stop under 99. If Bitcoin comes off from here in near term Litecoin will too. First support in this event will be 95 with more significant support at 92. Look to buy from here again if it comes off from the highs.
BITSTAMP:LTCUSD
by sumastardon
1