LiteCoin (LTC) Revised Target $632...here is the analysis as to why!

in #bitcoin7 years ago (edited)

SUMMARY

See the video, I analyzed it in real time. It shows how I analyze and the process.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

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@haejin any updates on what is going on with LTC, and of the difference in price it is having? Does this trend analysis is still valid? @gold84

Yes, be good to have an update :) Thanks Haejin!

wow!~!

나는 한국에 살고있는 @sochul입니다.
@starjuno님을 통해 @haejin 당신을 알게 된 것이 내겐 커다란 행운입니다.
어제부터 나는 당신에게 감사의 의미를 전하기 시작했고
앞으로도 계속 당신의 포스팅을 보면서 그렇게 되리라 생각합니다.

얼마전 당신이 써준 내용중 리플에 대한 포스팅을 읽고 자산의 90%를 리플에 투자하였지만 금새 나의 포트폴리오의 편향됨을 문제로 생각하고 손절하였던 것이 나의 커다란 실수였음을 알게 되었습니다.

바로 오늘 이렇게 커다란 상승이 올것을 어리석게 생각하지 못하였기 때문입니다.
그러나 다행스럽게도 리플을 구매하여 약간의 수익이 난 것을 다행으로 생각하고 있습니다.

이 또한 당신으로부터 얻은 수익이기에 나는 당신에게 진심으로 감사드리며 앞으로 당신의 팬으로 남도록 하겠습니다.

@haejin grabbed some ltc and zec when you recommended, ltc performing great and it looks like we are starting our next wave run on zec just broke $400! $600LTC $1100ZEC 2018! Happy riches everyone

Nice analysis, thanks!

Yes - thank you loads - I'm learning lots :)

ANY UPDATES ON NEO?

Just buy some more Litecoin so you can buy more NEO soon!

Thinking of selling my neo to buy litecoin this eve, good idea or not?

Almost never a good idea to buy things that are down or have been flat to buy somehing that has already shot up. That is basically selling low and buying high, the opposite of sound trading.

neo long term

Great analysis as always. Thanks for all u do!

Your post has been resteemed to my 2800 followers

Could this retrace to near 200 for the 4 wave?

Excellent post , dear friend @haejin.........

Thanks for sharing so beautiful posts among us.
Your post is helping us a lot. We get all the currency information in steemit ..
wish you all the best ..... @haejin

Empty summary..

thanks for sharing with us

i resteem and upvote

Good day @Haejin and thanks for the update!

The idea about the livestream is great, give it a try and see what the response will be from the community!

Breaking out, with Bitcoin also showing some vitality again...
We'll take it from here and ty for the fast shot

Got a little struggle in decision making..

I have quit some invest in iota and expecting it to impulse soon, anyway I'm thinking to move some towards litecoin for some extra profits. Any suggestions?

chasing coins usually results in losses I`ve learned this lesson a few times, and I have also seen it repeated by bigtime investors. Do your own analysis on IOTA and have patience. Also the laddering in on coins usually leaves you with a little bit of cash to play with. just my two cents

Thank you very much, now I just hope my IOTA analysis is correct (altough it looks quit textbook) but I think I get what you mean. Very appreciated.

moved away from ripple for OMG yesterday and then it wen +150% ;)

Move it toward a coin that hasn't already surged.

Yes my portfolio is ready :-)

a very good post, I really like it, hopefully I will follow it, greetings from @mizi23

@haejin I really don't want to pump anymore of my money into crypto but if LTC looks good to go further, might just swap my BTC for it.. thnks for the post. upvoted.

"I really don't want to pump anymore money into crypto...." at least until new year?! :D

믿고보는 차트입니다 투자의 책임은 저에게 있지만 라코차트 보자마자 사버렸습니다 ㅎㅎ 항상 좋은 정보 감사합니다

What about Doge? It seems to be stirring some boil!

THank you ! Could you please provide an update on NEO and/or BCH ? It's moving and well alive! It looks like NEO has just got out of a bullish abcde flag... but how far can it go? Appreciate!

THANKS!! I HOPE SO, LIKE THAT~

As always...thanks for updating the hot coin...many of us wait for these updates to help decide buy or hold trends...

Looks like NEO starting a move finally along the lines of your post a while back as well...

I've been following your price targets, and you have never been wrong! If you set up a live stream I will make room in my schedule to watch it.

@haejin....thanks as always for the analysis.

Why dont you use Dstream to do the live stream you are discussing...the capability is already on steem.

thanks for this awesome post, Litecoin deserve to go up its the first altcoin

the abc correction could be trying to end soon. What you guys think?

Been following you for a while now and finally my account got confirmed. Really wanted to say you have helped tremendously on the technical part of investing!

Thanks Haeijin, can we take a look at ETH?

Joined steemit just for you. Will be following your advices for a while. Got 6.5 BTG and 5.5 LTC to test :)

thanks as always haejin! i made $45 on MANA while i was working today, you da best!

i've recently read this article about LTC & BTC.
https://www.tokens24.com/wiki/what-is-the-difference-between-litecoin-and-bitcoin/
I didn't know about those mining differences!

Hi Haejin! Care to make an uptdate on LTC? I´m a bit lost in EW count. I´m assuming it´s still wave 4 and correction? Thanks!

LCBTC - Food for thoughts.

Your views and comments are appreciated.
Be Well!!

Ready to see this!!

Looks like Litecoin wave 4 correction is almost complete to me on the LTCBTC pairing. Thoughts?

Empty summary

So its ok to buy right now that it is around 320? They all says that it can dip really hard.... should i risk it?

Can you update your ETH analysis???I heard there might be a dip now after the ICo release from.next hr and a half???? I want both LTCand eth to buy some

even if it dips....he still predicts 600.....

if you didn't buy yet my analysis shows 291 being around the terminal end of C with 3 waves per a b c.
Screen Shot 2017-12-13 at 18.31.47.png What does Haejin think?

I bought just at this price.... crossing fingers so i can make some profit

Sweet! It went a little bit lower but its better than 320 and now it's stable around 300. To the moon after a bit of consolidation. I wish you massive profits!

What about eth... which level i should buy .. im waiting the dip

it's currently at 275 which was Haejin's earlier 'bottom' when the target was $501.
Unless we see a retrace down to $200 I think we'll see it go up from here.

Following good analysis with patience is key to not getting anxious to buy. I am still trying to learn the emotional maturity that Haejin talks about, but getting better everyday.

I think the correction is done. I bought in higher than I should have unfortunately but that doesn't change the fact that it's going to see a big jump. I thought it was done after C but I think people got nervous and started selling off.

Screen Shot 2017-12-14 at 10.19.49 AM.png

well with the bull flag in your analysis it should go up. Man that was a quick e wave if its done. I thought it was the c wave finishing up but no. Im new to this so learning everyday. Thanks for your TA it helps me to see the same thing a different way

curtis could you recommend any other resources other than Haejins stuff for beginners? Appreciate the graph. The bull flag is screaming.

Can I ask what settings you use in trading view? type of lines and indicators etc?

Much appreciated.

Truthfully I just started a few weeks back. I watched haejins tutorials and just make note of what he teaches. I watch all of the videos and eventually you just start to see the trends that are happening. I mess around a lot on tradingview. I just bought the book he suggests but have yet to read it. I do miss somethings still but that is where you learn. Definitely watch all the tutorials and the fibinachi video. I think the fibinachi video should be watched first.

In regards to settings I just use the standard settings and just switched the background to black since its easier to see. When I want to get closer I use 45 min and when I look overall I use 1 Day YTD. It really comes down to playing around with the site and then trying to mimic what haejin does. It will make learning quicker.

I hope i invested trusting that

Litecoin market cap is very low compared to some of the other newer coins. I think litecoin will catch up massively this year and become top 5 again

Having said that I would invest some now and invest more once the market is stabilised

If you are receiving this message, you have been flagged for responding to a known scammy piece of shit. Enjoy your dwindling rep. Here is how @haejin supports the community.

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P.S. - His 21k followers are complete bullshit and most are inactive and have been for months.