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abdullatrader
12. Jan. 2018 13:50

Litecoin Technical Analysis - BULLISH Long

Litecoin / U.S. dollarBitstamp

Beschreibung

Hi traders! Here is an update on my previous Litecoin technical analysis.
We are currently in a trading range within a major trading range.

The previous idea with main trading range:


Target 1: $300
Target 2: $350
After the breakout, sky is the limit!

If you like my ideas and want to see more of them, please support them by an upvote. Thanks and good luck! - Abdulla

Kommentar

A close above $253 would be great :)!

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A small illustration of the bullish reversal.

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I'm still holding and adding more. I'll update the idea soon.

Trade geschlossen: Stop wurde erreicht

I have exited my position until I find another trading position to enter, will update you :)!
Kommentare
iterius
So LTC is going to $300 in the same way as XRP went to $1?
roaken
This chart is correct BUT I think you need to look at LTC on a day chart to get the long-term picture.

It's true that we're in a breakout here, but it's small and we've yet to test the major support line. Please check out my chart and let me know what you think :)

Would love to collab with you on this @andyman2311
roaken
@roaken, I have similar results now but with more info on angle and timing. Oh and BIG ZOMG text to get the point across. all for lulz
shermyeung
Tried of hear LTC going Bullish and to the moon or Going into triangle pattern so many times and failed.
I don't think any of these would matter unless a catalyst (I.e news.. ) that can push LTC above the rest
of the Alt coins, otherwise its gonna sit there and day traders pushing and selling at +/- 10 range .
abdullatrader
@Superintendent, did you just learn this word in school?
jerrebarre
@AAlFadhala, he googled it ;)
abdullatrader
@shermyeung, Now explain to me how this analysis failed
roaken
@AAlFadhala, by this chart it looks like we need more time before we see new another massive spike
shermyeung
So ummm ... where is that big talk ? I wish I can i say I told you so, but the market already did.
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