LTC Descending Wave 5 (Heading Near Zero BTC Value)

5 thg 9, 2017

The data does not look good for LTC. I would strongly reconsider holding this asset over the next six months in your portfolio.

14 thg 9, 2017

Ghi chú

My view remains unchanged. LTC is now heading toward max fibo support. After that there is support at 0.010000 BTC. From there its game over...

28 thg 9, 2017

Ghi chú

All you Litecoin'ers! Pay attention to this chart.

3 thg 10, 2017

Ghi chú

Litecoin investors please pay attention to this chart :S

9 thg 10, 2017

Ghi chú

Wahoooo!

11 thg 10, 2017

Ghi chú

Touched support at 0.010000 BTC. We should watch to see if we bounce or breach this level as this will reflect in the LTCUSD pair.

12 thg 10, 2017

Ghi chú

We've hit the support zone here, which will give some stability in the LTCUSD chart..

13 thg 10, 2017

Ghi chú

The big question now is whether or not the H&S will activate...hmmm

15 thg 10, 2017

Ghi chú

We kissed the top of the descending channel. A decision has to made here; breakout or breakdown?

17 thg 10, 2017

Ghi chú

Let's take a closer look here:

Entering and breaking through the key fibo box could lead to a break of the major key fibo! That would activate the gigantic head and shoulders :( There is a trendline there, though, so that adds support.
Lets watch what happens here:

IF we get a bounce from the fibo levels or the trendline we may have a nice buy opportunity. :)

20 thg 10, 2017

Ghi chú

Uptrend line is broken

USD view:

23 thg 10, 2017

Ghi chú

Head and Shoulders activated! Here's a closer look again. Fibo extensions provide short-term support for the market.

USD view: we are at the major uptrend line. A break will unlock selling!

26 thg 10, 2017

Ghi chú

Why would you bother trading LTC??

2 thg 11, 2017

Ghi chú

Uptrend broken

Down to max consolidation range?

7 thg 11, 2017

Ghi chú

Nice countercyclical bounce! Is it over now?

6 thg 12, 2017

Ghi chú

Yep...its over now....