mir-igor
Long

Support and resistance levels on LTC / USD

BITSTAMP:LTCUSD   Litecoin / Dollar
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Personally bought @250 - from one side there is possibility to go down further , but overall LTC is in bullish mode
Trade ist aktiv: Looks like we have "higher low" (two blue semi-circles) and looks like there is pennant in play. Wait for break out of 255

Kommentar:
Kommentar:
Kommentar: Expecting that move


I bought at 244.... I do see potential that it may bounce in the 230's range
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at what price are you planning to sell? around $290?
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EtherSwinger apribytkovsky
@apribytkovsky, No target at this time for me, but the 280 to 300 range looks like a good initial target to take some profit. It may still go up from there
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mir-igor apribytkovsky
@apribytkovsky, 290 and 375 , if volume will be reasonable then at 525 , but LTC really might go to 200. We need good news for LTC to bounce well , despite Charlie Lee @SatoshiLite tweets price of LTC is not affected much. Partnership with real world company would be great or at least 2018 road map update.
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I say this Friday sh** will go down the toilet for another 20-30% on major coins. Happens every year, nothing different this year except more bs coins that got pumped and will be dumped into LTC/BTC/ETH etc.. Oh and IOTA :)
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TLEECS1 mrzobot
@mrzobot, sorry what is happening this friday? could you update pls?
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mrzobot TLEECS1
@TLEECS1, "Happens every year, nothing different this year except more bs coins that got pumped and will be dumped into LTC/BTC/ETH etc.. Oh and IOTA :)"
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Based on the alt coin trend right now I believe LTC is a sleepain’t giant. When alt coin returns diminish or crash I think we will see great surges in BTC/ETH/LTC.
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mir-igor jonschroeder1
@jonschroeder1, totally agree, market capitalisation is 700 bln now and those money flowing in alts , not BTC. So after ETH run the next one should be LTC or any other top-10 coin. Overall situation is more positive as of today
+2 Antworten
TheFourteen mir-igor
@mir-igor, I agree, LTC is the laggard, but that $210 area looks like a nice buying opp.
+1 Antworten
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