Litecoin To Push Higher By End of YearConsolidation wave coming to an end. The next wave higher has potential to touch $32+
LTCN trade ideas
LTCNThis stock trades off LTC grayscale holdings, and nothing much has been happening as of late.
But I got a sneaky feeling 5 up is coming soon
Monthly accumulation events pushes Grayscale LItecoin upSomeone is accumulating now on a monthly schedule, which has driven Grayscale Litecoin trust up 20%+ today. Prior, this has been a time for some to pull out but that is the worst time to sell IMHO. If you are underwater, and somebody is putting big money in, then again IMHO you should consider adding to your position. Obviously a great deal of risk but at a 20-30x potential upside, that may be worth it.
It is too early yet to tell whether the bump in price will stick or obviously whether we will see a parabolic run up in price. Keep an eye on the remainder of the month.
Not financial advice - do your own research, or seek the advice of a qualified professional. Trade safely. Great success this Fall!
Grayscale Litecoin Trust massive pummeling, but how much longerThis is impressive. As they say, the best time to get in is when everyone else is getting out. This may shape out to be a massive opportunity, or a boondoggle.
Obviously, For what it's worth...
Bottom FishingI am beginning to wonder if this will pull back below the all time low of 23?
I have been watching this go down for a long time now. So much sell volume as of late and it makes me wonder how many sellers are left?
Could be a double bottom but too soon to confirm.
No recommendation/just watching.
I know we can not predict the weather, but we can know if it is raining today.
There may be a lot of supply, or buyers at this level as it has been lingering in the oversold region of RSI for a bit too long. Possibly folks who bought overhead are in a panic, dunno. Those who bought here feel they need to break even are also panicking. Hard to know. But eventually LTCN will run out of sellers and there will be buyers coming in. Just when is the question?
LTCN - Grayscale Litecoin Trust Should Bottom HereAt a beautiful fib retracement for a wave 2 down and LTCUSD has a beautiful bowl and at support. This should get to at least $800-1k when it's all said and done, at $74 now.
Grayscale Litecoin Trust looks ready to run againGrayscale Litecoin Trust looks ready to run again
I might be wrong - this is not financial advice -
Bitcoin is going up and dragging everything else with it.
That does not mean people will pile into this right now - but I will buy some and see how it goes and maybe buy a bit more if it drops more.
Grayscale Litecoin trust up +25%, will additional +50% follow?Pretty simple view, but given the current alt-coin price action lately, Litecoin is benefitting. I'm a little late in positioning here. However I'm entering a position assuming another 50% up from here based on historical activity. That's my risk however and not financial advice for you.
Please do your own due diligence and make sure the trades you enter take risk and opportunity into consideration. Trade safely!
Grayscale's Litecoin trust up, pending breakout?Looking around as I do on a down day, LTCN was up nearly 5% while Bitcoin and Ethereum were down. Price action seems to be moving into a wedge with a breakout expected soon. Keeping a close eye on this one if Bitcoin loses its short term luster.
LTC and LTCN TrendI’ve been noticing LTCN is a full business day behind the movement of the coin. Weekends of course are risky. Almost like a crystal ball wouldn’t you agree?
