Updated Litecoin Chart

14 thg 4, 2018

I missed a major trendline on my last litecoin chart. I've added that line and tried to be more accurate on the others.

I've mapped a potential direction on the chart. Another possibility is that Litecoin makes a major move and jumps above the trendline (bitcoin did this). If that happens I think we will see a push towards 175.

14 thg 6, 2018

Ghi chú

It has been 2 months since I've updated this chart but all has gone as planned and hopefully some of you have profited on it. I don't think we have seen the bottom yet; however, we should see more of a bounce. As to how high it can go --- I'm not sure but we have have several levels of resistance that I am watching -- $102, $105 and then $110 for the time being.

Hope this chart has been helpful.

23 thg 6, 2018

Ghi chú

This has been a pretty brutal drop for litecoin but we are right where I thought we would we be. We should see a fight to hold this level but I am personally sitting on the sidelines for now. If we lose this level we will probably drop down to the $172 level.

26 thg 6, 2018

Ghi chú

Take a look at the RSI on the LTC/BTC pairing. This is the lowest litecoin has ever been against bitcoin. Over the next weeks/months I do believe litecoin will go lower; however, to do so the RSI needs to come up first. So, I have decided to open a long position.

10 thg 7, 2018

Ghi chú

What do y'all think? Will we make it all the way down to the $50 level?

16 thg 7, 2018

Ghi chú

Lots and lots of resistance here. I would not FOMO into a long position here.

11 thg 8, 2018

Ghi chú

Litecoin is almost a buy. It should fall down and hit the wedge line that it broke out from and that should give a strong reaction. Still some falling to do but I expect a large pump when it hits there. Good luck trading!

14 thg 8, 2018

Ghi chú

We hit the wedge line at 49.50. I have switched to long. let's see what happens now!

15 thg 8, 2018

Ghi chú

Finally getting some relief! Not sure if anyone still follows this idea but, if so, did you go long at $49?

17 thg 8, 2018

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