LTCBTC inside sideways pattern, and bearish movement stop at 618 fibonacci retracement. If this level enough to stop bearish,, our 60% target ProfitMax target at 0.021318
However if 618 break down,, next support at 0.009821
Thank you for your TA - I agree. While it is expected that BTC will be legging down shortly against USD (and so LTC as well) the LTCBTC price will be most likely stay around that levels. I am on short with LTC and BTC against USD but honestly I am planning to buy back only LTC so that on the middle term it may give more profit at the end - in alignment with your analysis. Thank you again!
AnthonyPaulAjayi
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I quite agree with dian. stochastics analysis.Ltc was trading at 16.4 in the oversold zone early hours of the market's open. It's currently trading at 39.9 which hasnt yet traded in the overbought zone. My take on this "it's a positive trade today for ltc. 45%.
Least I forget today is 20th of September.
Decred and Litecoin performed a succesful atomic swap 12 hrs ago. Decred is on a tare; but so far the news has not reflected on Litecoin. Litecoin is still far undervalued.
vickygautam
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@MarcMadrigal, segwit activation on litecoin did not do anything either. This was some months back. LTC is on a marathon run. Built up real strong
HuynhLoc
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why its going down breaking uptrend? what's wrong? close chart!
jpodhorsky
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2100 dolars minus ... thanks
Owcheew8
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@podhor, You are welcome. Please stay around until you lose all you have invested.
BigD2017
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This market is a huge bear! Nothing positive going on in this industry right now for price to head upwards. TAKE YOUR PROFITS! Wait for for BTC to reach $2000 level as it will go back there. IT'S GOING TO BREAK THROUGH $3,500 AND THEN WATCH OUT.
AGAIN, this ISNT the stock market and there aren't ANY trends. So anyone thinking they can predict exactly what is going on through their ridiculous charts / moving averages, RSI, etc. All you are doing is spewing garbage. Once piece of negative news and everyone will be selling out fast! THIS IS THE MOST RISKY WAY TO EARN MONEY. Take your gains and get out. MOMENTUM IS CLEARLY AGAINST THIS SECTOR RIGHT NOW.