MagicPoopCannon
Mua

Litecoin Confirms Breakout!!! (LTC) =D

BITSTAMP:LTCUSD   Litecoin / Dollar
Hi friends! Litecoin has done everything that we needed, to confirm a reversal. It is now in a confirmed breakout. Initial resistance will be at the bottom of the 38.2% retracement level, at $266.40. Looking at the chart, we can see the LTC has broken out of the downtrend channel , broken out above the 50 EMA , and broken out above the previous high, to make a higher high. This is what I wanted to see, before getting bullish . A break back below the previous high would be a sign of weakness, and a cause for concern. This has been your friendly market legend — MPC! Please follow, comment, like, and share on social media.

***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***

-JD-
Bình luận: Update: Litecoin has rallied all the way up through the 38.2% retracement level, to a high of $270.00, before falling back toward the "previous high." It is currently testing that level, at $253.00. Ideally, the bulls want to see LTC turn higher, and confirm the "previous high" level as new support. That would be a bullish sign, for short-term trading. I will keep you posted.
Bình luận: Update: After breaking out, Litecoin has attempted to define the "previous high" of $253.00 as new support, but has fallen back below it, and is now trading at $248.00. This is concerning weakness, that could be indicative of a failed breakout attempt. I will keep you posted as this develops.
it broke out.... then got shot! :)
Phản hồi
keep it long term you will see the ATH 400 again no doubt. :)
Phản hồi
Of course LTC is gonna X3 this year, 600$ is of course an honest price.
Phản hồi
lol
Phản hồi
Thanks for the updates for sure. All of the sector took a dump at the same time so I'm assuming there was some piece of news released but I haven't found it yet.
+1 Phản hồi
Thanks for the effort that you put in updating, what do you think of LTC in the long term? I also intend to add some more to my position soon and look forward for your updates.
Phản hồi
keep it up LTC!!!
Phản hồi
jmgardner PRO jmgardner
MPC, thanks for the the great TAs and the constant updates !
+1 Phản hồi
@jmgardner, My pleasure! Thank you for following! Please don't forget to share, and spread the word. =D
Phản hồi
In theory, is it general knowledge to buy on a breakout for any stock?
+1 Phản hồi
Tiếng Việt
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
日本語
한국어
简体中文
繁體中文
Trang chủ Sàng lọc cổ phiếu Công cụ tìm kiếm tín hiệu Forex Tìm kiếm tín hiệu Cryptocurrency Lịch kinh tế Cách thức hoạt động Tính năng biểu đồ Điều khoản sử dụng Người điều hành Giải pháp Website & Môi giới Widgets Thư viện biểu đồ chứng khoán Yêu cầu tính năng Blog & Tin tức Hỏi đáp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh hồ sơ Tài khoản và Tính phí Tickets Hỗ trợ của tôi Liên hệ hỗ trợ Các ý tưởng đã xuất bản Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất