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LTC

#litecoin #ltc video Saturday May 22nd 2021+ plus a quick look at #bitcoin #btc obvs LONG TERM strategical view, of always having the mindset of being willing to accumulate will help survive & prosper SO you need income from elsewhere to have the ability to buy the crypto dips looking to retire through crypto is I believe what leads to the horrors of experimenting with unproven / unaudited "projects" and turning up the leverage. LITECOIN cant go bankrupt --- LIKE #SILVER It has a revenue and economic energy in the mining division of the network... things to consider.
BITFINEX:BTCUSDLong
by BallaJi
Wyckoff distribution before your eyesLeaving the Wyckoff distribution structure. As per the previous posts & streams. People where saying "guys a boomer", "FUD" and all the other good stuff. I've been Bullish since 2011 and my overall sentiment is long. But I have traded 21 years now and know a healthy sign of the Bull moves are areas to buy the dips. If you look at the logic in this post, it's written out as a text book example. I would actually choose this to teach in the class room. We have covered a lot of this logic & also have a slight insight into the world of Venture Capital - seeing various angles is never a bad way of seeing things. This is part of a healthy correction, well needed and will actually do the whole sector some good overall. We have already issued some long calls for the larger time-frames. Stream later via @Paul_Varcoe Discord channel in the signature of the post, come join the conversation. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
COINBASE:BTCUSD
by Mayfair_Ventures
23
Litecoin - LTC - $290 Good Entry Point Before Run to $500+We are seeing Litecoin hold support now in the $290 area, even with BTC weakness in the $42k range. This is good news for LTC. I expect that LTC will continue to gain strength on BTC and hold it up despite BTC not making a real move yet. I'm putting the new base at about $270-275 if BTC fell to $39k, but not sure that happens. My price target is still around 75 Daily RSI and $540. I'm mostly looking at the daily RSI as my indicator of when to take profits on Litecoin. DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not be held responsible for any losses or gains as a result of my content. Please DO YOUR OWN RESEARCH before making investment decisions.
Long
by brendanwenzel
9
Litecoin - LTC - Close to Trend Line Entry PointMy entry point for LTC (Litecoin) is anytime it hits the trend line. That point is close with the trend line currently sitting at almost $270 and the price of LTC hovering around $300. If Bitcoin, BTC, pulls back to $42k soon, we would see LTC have a similar pullback and reach that buy target point on the trend line. I'm looking at a price target exit point for Litecoin around $540. I will also be looking at the RSI on the daily chart, as it typically starts topping out once the RSI reaches 75 on the daily. DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not be held responsible for any losses or gains as a result of my content. Please DO YOUR OWN RESEARCH before making investment decisions.
Long
by brendanwenzel
1
Litecoin - LTC - Get Ready to Buy on Support LinesTarget Entry: $270-280 Price Target: $520-540 DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not be held responsible for any losses or gains as a result of my content. Please DO YOUR OWN RESEARCH before making investment decisions.
Long
by brendanwenzel
1