Litecoineuro
Litecoinmy think to litecoins future is very green.
One more strong resistance to go.
I think markets has enough momentum to break resistance, but if not litecoin (in my opinion) goes to last months average and in future has big potential to go up and break resistances.
Comment if something is horribly wrong in my thinking.
Litecoin Bullrun coming soon!Firstly, comment if Im wrong or something is wrong!
1. Tried to break resistance, not enough momentum.
RSI was high (overbought) and momentum wasnt enough.
Dropped again to support. It helds easily and started 2
2. Strong bullish move. Broke resistance but didnt hold this time. But still lots momentum and price didnt drop much.
Second peak(continue still) tests resistance again. RSI didnt drop after peak like happened in 1,so. Much momentum.
I think there is change next bull movement starts (about 60%), and if it dont and comes to support again next time litecoin has even more potential to break resistances.
Im not professional so comment your thoughts about this. It also helps me if you say that my idea sucks so tell me in the commentsection. BTW im 16years, Thanks.
LTC correcting from Elliott wave structureLTC is currently correcting from the Elliott wave structure prob till 0.5 or 0.65 fib lvl and is forming a downward channel.
After correction I think we are going to see the 3th wave of the bigger Elliott wave structure that it is forming.
NOT a financial advisor, seriousness reduces life. Make sure you feel blessed when waking up, millions of people died during their last night sleep.
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LTC potential sell orderLitecoin is forming a nice wave structure after breaking out of the massive downward channel it was in.
Around € 140,- € 150,- the correction for the Elliott wave structure will probably begin due to that range also being a resistance line in general.
I would advise keeping an eye on it.
"NOT a financial advisor, seriousness reduces life. Make sure you feel blessed when waking up, millions of people died during their last night sleep."
If you want to donate crypto:
L T C : LgdvQDGv4v4krzdmVmozSopdvcLUbpj3Ye
B T C : 1Dx6c5e4BNaDMtSBp53dWGExYJccxmqc7k
E T H : 0x43e36a719c407285ec3c967857d13e9926771b78
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