Week
LITECOIN A BETTER SYSTEMSo here we have the Litecoin, one of the few state of proof crypto which can handling higher transaction volume than BTC. The Litecoin network is scheduled to produce 84 million litecoins, which is 4 times as many currency units as Bitcoin. Litecoin open source project is simply build on a better algorithm than BTC, like ETH also is. But yes the softwares and platforms will improve over time, and cryptographics will be a big part of this. Back to the Litecoin, we have a system just like BTC, just faster and better, there will be mined 21 millions BTC, which should mean that 4 litecoins could at some point gain the value of 1 BTC. 1 BTC = 2500 USD - 4 Litecoins = 160 usd. = possible profit 2340. This trade is based on fundamentals and the analysis above, your just have consider how big is the potential, compared to the risk. I find the technology behind LTC to be one of the best. STRONG BUY, i went long yesterday, but the potential is still here to buy now.
Short on stratisWe are seeing a clear head and shoulder trend on stratis and if the 2nd shoulder completes we will see a big fall in the chart, going under the neckline.
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GOLD:XAUUSD Gold broke out of a 6 year long downtrend on FridayXAUUSD: Gold Friday was a very special day for XAUUSD: it broke above a six year long down-trend that's been in play ever since the high was reached in 2011. All it has to do on Monday is hold above that line and not get sold off - gold should then rally to 1301-4 range. But it also looks as if it could well push higher by about $90 or 7% from here once it's proved it's strong enough to stand above the big dividing line come Monday. Why would it do this? Break 6 years in a downtrend...could it be that Comey has knowledge of the fact that the President (indirectly obviously) laundered/legitimised red-hot Russian money via his golf empire - stable assets scattered all over the world for the ultimate hedge - likely arranged at arm's length by the super smart Jared. This arrangement suited the Russians and it suited the President - and that's how Jared made his bones with the Prez. That much seems obvious even from this side of the pond. The question is: does Comey have any evidence? He's certainly got motive now. Who would call the guy he's fired a 'nut-job' ? Except either a nut-job...or someone so confident he's bullet-proof because...again he's mad or really does know that Comey has nothing on him. Now Comey has to make his mark - has to show the world he's not a nut job. The stage is set. The world, not just America, awaits Thursday with baited breath. And markets don't like uncertainty, do they? And loss of confidence in the Trump ideals will spell loss of confidence in the Dollar and on the other side of the coin, a mini-flight into Gold. Maybe this is what the gold chart is hinting at. Time will tell