LTC Descending Wave 5 (Heading Near Zero BTC Value)

5 Eyl 2017

The data does not look good for LTC. I would strongly reconsider holding this asset over the next six months in your portfolio.

14 Eyl 2017

Not

My view remains unchanged. LTC is now heading toward max fibo support. After that there is support at 0.010000 BTC. From there its game over...

28 Eyl 2017

Not

All you Litecoin'ers! Pay attention to this chart.

3 Eki 2017

Not

Litecoin investors please pay attention to this chart :S

9 Eki 2017

Not

Wahoooo!

11 Eki 2017

Not

Touched support at 0.010000 BTC. We should watch to see if we bounce or breach this level as this will reflect in the LTCUSD pair.

12 Eki 2017

Not

We've hit the support zone here, which will give some stability in the LTCUSD chart..

13 Eki 2017

Not

The big question now is whether or not the H&S will activate...hmmm

15 Eki 2017

Not

We kissed the top of the descending channel. A decision has to made here; breakout or breakdown?

17 Eki 2017

Not

Let's take a closer look here:

Entering and breaking through the key fibo box could lead to a break of the major key fibo! That would activate the gigantic head and shoulders :( There is a trendline there, though, so that adds support.
Lets watch what happens here:

IF we get a bounce from the fibo levels or the trendline we may have a nice buy opportunity. :)

20 Eki 2017

Not

Uptrend line is broken

USD view:

23 Eki 2017

Not

Head and Shoulders activated! Here's a closer look again. Fibo extensions provide short-term support for the market.

USD view: we are at the major uptrend line. A break will unlock selling!

26 Eki 2017

Not

Why would you bother trading LTC??

2 Kas 2017

Not

Uptrend broken

Down to max consolidation range?

7 Kas 2017

Not

Nice countercyclical bounce! Is it over now?

6 Ara 2017

Not

Yep...its over now....