Litecoin (LTC) Corrective Pathway Very Similar to Bitcoin (BTC)
SUMMARY
The below chart of LiteCoin (LTC) is quite impressively a near twin of Bitcoin (BTC). Across the Cryptosphere, sentiment is quite uniform during both the bull runs and the corrections. It's often called "All the Same Markets". The chart below shows a very nice impulse of five waves (white) followed by the blue 1,2,3,4,5. IF Bitcoin (BTC) leads down; LTC is expected to follow. The blue 5 woudl represent an attractive zone to cast a buy ladder.
The MACD is oversold and the turn up of the 12 day moving average (blue) could glance the 26 day (red) rather than pierce upwards. This would jive well with the lower low that's expected.
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No kidding. All cryptos move in lock step with Bitcoin.
I have yet to see someone nail charts for crypto. It is all speculation at this time.
What do you think the odd's are on LTC dropping down to $140
if so buy more
That's good advice xel,
I boughtt 112.5 @ $178
buying 175 more @ $140
Litecoin has sure taken a beating. Shame. It's more of a utility coin that Bitcoin is at the moment.
@haejin brother any suggestion or analysis on the Steem and SBD please reply As soon as you can
He did those about a week ago, look back through his blog.
Man if it drops to 120 that will be horrible! I have a lot in Litecoin maybe I should sell then rebuy? But good for those who are new.
Sorry. litecoin will hit $360. Here it is
https://steemit.com/litecoin/@salahuddin2004/update-1-for-litecoin-predication-15-target-usd360-expected-date-before-30-april-2018
This is the last dip before the Chinese new years?
mid to end of feb is when the market will take off
...after it drops to 120
I picked up 10 to hold under 200. In ADA from .38, XLN from .20. ICON from $6. Doing very well, even with this major correction over the past month. What are you in?
Just hold those bad boys man. You will be sick if you sell and try to pinpoint a lower price that may never happen. Patience my friend, the market will rise again.
lol... I agree summertooth.
I'm trying, all these predictions are driving me crazy lol
I know, it's maddening. And I've been there (a lot!), you figure, hey this guy says it will most likely go down in price before it rises so I should sell then buy back when it drops and I'll have EVEN MORE when it rises. I have done this, and it didn't drop much, then it rocketed up without me. So not only did I sell at too low a price, now I didn't even have any more to sell at the higher price, and if I buy back in I'll have less...and it may not even go up anymore!!!!!
If you really want to try to day trade to catch the wave try it with a SMALL PERCENTAGE of your position. Say 10-20%. See how you do, and that way if it backfires you still have 80% of your position in the bag.
There are sooooooooo many predictions, you will go nuts trying to follow all of them. I would say just try to get a sense of the long term for the coins you have, that way if it drops and you get nervous you know that it will rise again.
Hope this helps man.
Yes,.been there and done that repeatedly. Crypto is great for day traders if you know what the heck you are doing. Stick with swing trading or long term.
Hahahaha, You are exactly right, been there and done that. Sold it thinking it will go low to buy more and next thing you know you end up buying for more.
HODL!
@summertooth you are right hold on
https://steemit.com/litecoin/@salahuddin2004/update-1-for-litecoin-predication-15-target-usd360-expected-date-before-30-april-2018
Lite coin best one.
itle be a 1000 dollar litecoin before end of the year, i just stocked up on some don't sell dude,
48 cryptocurrencies which price get in and out. Detail here!
https://steemit.com/cryptocurrencies/@salahuddin2004/top-48-cryptocurrencies-pending-price-target-and-their-due-dates-when-they-will-hit-targets-28-01-2018
I'm HODLing and buying.
same. they will adopt the lightning network and surpass the so called 3rd gen.
Gracias por el aporte, siempre tus análisis son de gran importancia a la hora de escoger en que moneda proyectarse e invertir. Saludos desde Venezuela
As always I am greatfull for the free knowledge you provide. You make many of us aware of the probable scenarios and not fret about all the possible scenarios. In the mids of the mess of a correction your calm voice is a source of tranquility reminding me to not listen to all the news and fears, it’s just a correction, but a heavy one. Thank you.
Place your bets folks...been hearing for weeks how these coins have to hit a new bottom in order to begin climb back up to new highs...meanwhile...zig...zag....zig....zag....triangle down....triangle up...
UK Crypto Trader Forced to Hand Over Bitcoin at Gunpoint
https://steemit.com/bitcoin/@ajaydodeja/uk-crypto-trader-forced-to-hand-over-bitcoin-at-gunpoint