You go long. Blue box bids - Red Line Stop Loss. If you want to buy cheaper and faster LTC - please buy from the exchange linked below. This exchange pays 50% of LTC fees to litecoin foundation, and 50% to ETC. We must support initiatives like this. Below is my referral link: coinut.com Tips welcome: LTC Tps: LZAzuZN3JXnRYxjVUT6xaEE316LfbRRV2h BTC:...
Sharing this here to show good stable bull run. LTCCNY has been amazing. Long term trade until channel break. Bull since April.
No idea if it break out or breaks down. Three fallings peaks would indicate break down.
I mentioned a few times in the last few days that if we retest 2250 we are going back up. There is a strong rejection of any downtrend below 2300 on the daily. While bitcoin may dump and move sideways, I think it is now going to crawl back up. The daily chart seems to support this too. Even with all the massacres, we are still in our channel. This is a long term...
So much FUD. Here is very simple charting - with all indicators turned off, purely based on historical performance and trends.
Looks like the top of the channel on 1 day chart. $1170 around June. Thanks to @spacetrader for the chart layout.
Based on the letter by the owner of ltc1btc medium.com He supports segwit, with larger blocks in BTC. LTC is just paying the price for BTC politics. We should have segwit soon.
The API is live now. api.coinbase.com
1258 in short term is support. It should end up at 1280, and stay there until some news or china decides otherwise.
Heard I need likes to get rep. No idea what these charts mean but have gone long on LTC