Litecoin (LTC): A Primary & an Alternate
SUMMARY
The below chart shows a potential Inverted H&S pattern being put in by Litecoin (LTC). The pattern can also fit as a rounded price formation or a Cup & Handle. It doesn't matter which pattern, the direction is the only thing to find as a TA. Currently, the blue waves show that 1,2,3 and 4 are probably complete and 5 would be next.
However, the lead alternate shows that the five waves could be placed (blue waves). This means that the RS will coincide with the abc correction (white arrow). The MACD is still bullish but just that much more closer to the apex.
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bernie your trash bot is flagging itself LOL
Litecoin next target looking like $120
Regards. What about TRX new steps in the next weeks? Thanks
Tron will be bullish after this small correction before mainnet? www.luciannagy.com
Litecoin right now is hugely undervalued.
I hope in few years that 1 litecoin would be worth 1/4 of bitcoin based on its supply.
Not to mention that is getting accepted everywhere in the world along with bitcoin.
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I never bought that 1/4 ratio story. Don't get me wrong, but I don't see what would make LTC so valuable (?)
There are far more superior and cheaper coins with lower fees and good network of nodes. DigiByte is one example.
Yes you have a point there, there are coins with faster times and even lover fees but thing that separtes litecoin from the rest is its history remeber lictoin is 2nd only to bitcoin that and also the merchants and exchanges almost every single one of them are accepting litecoin.This will be a huge deal when the time passes on.
Learnt something tho.. Thanks so much ☺
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Reward me intensively.. 😀😀
🤗 🤗
yeah me too
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I'm just looking to establish a position in the Steemit community, and would appreciate to find some people like me, so we can mutually support one another. subscribe @khaled4444
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LTC=BTC*4.
xD
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Thanks for the info I'm a heavy investor in litecoin. I've also hated charlie lee since the beginning and yelled at him so much he banned me on twitter. Pretty funny the stock jumped on news he was leaving, about time.
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Well that is Twitter, steemit should be a different experience is suppose.
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