LTC Descending Wave 5 (Heading Near Zero BTC Value)

5. Sept. 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. Sept. 2017

Anmerkung

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. Sept. 2017

Anmerkung

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

3. Okt. 2017

Anmerkung

Litecoin investors please pay attention to this chart :S

9. Okt. 2017

Anmerkung

Wahoooo!

11. Okt. 2017

Anmerkung

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. Okt. 2017

Anmerkung

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

13. Okt. 2017

Anmerkung

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

15. Okt. 2017

Anmerkung

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

17. Okt. 2017

Anmerkung

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. Okt. 2017

Anmerkung

Uptrend line is broken

USD view:

23. Okt. 2017

Anmerkung

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. Okt. 2017

Anmerkung

Why would you bother trading LTC??

2. Nov. 2017

Anmerkung

Uptrend broken

Down to max consolidation range?

7. Nov. 2017

Anmerkung

Nice countercyclical bounce! Is it over now?

6. Dez. 2017

Anmerkung

Yep...its over now....