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.
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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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.
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
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?
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
Thank you for this @haejin
I followed you to get along, I am a newbie.
What's your take on the predictions for the value of Litecoin.