The LTC price breached a crucial resistance against Bitcoin and the relative price against bitcoin seems to be weakening. The overall trend line also seems to confirm the same trend. We can still wait at this point partially to see how the trend spans out in the subsequent days. If there is a jump above the crucial resistance line pointed out the prediction will...
My position now is officially long on litecoin. We have hit the june dip that should have been predicted from past years trends like the january dip we had. I believe we have hit the bottom. There are three trend lines converging to form a nice bottom and we should see a rise from here. This is my first tradingview post and it'll be fun to see how my prediciton...
The image explains itself. Although it’s in euros, the behaviour is the same. I have to say I haven’t got any LTC and not planning to buy anything, so I’m not biased at all. It’s just an idea of what it could happen to LTC. Take your own risk when investing. I’m not responsible of your actions. As you can see in the previous pump that I have circled in red,...
I don't know if I believe in this chart, but it's telling me LTC +322% to $1047 by Jan 15th 2018 (11 days 16 hours from now). Could it happen? Maybe.. I just don't have a lot of confidence in LTC ever getting that high. So.. high risk, high reward?
Litecoin is now forming a pennant pattern after a huge run-up in price the last couple of days. I would now anticipate a breakout higher and a continuation of the trend.