SUMMARY
Note: A Very Important and Exciting Announcement will be Coming in a Few Weeks! Stay tuned!!
So, Litecoin (LTC) is showing a twofer! A downward pointing bullish wedge and a bull flag that appears to be complete! When consecutive bullish patterns show, the strength and distance of the probable breakout increases that much more. the below chart shows that the final red E wave on the bull flag pattern could be placed. This means that the ABCDE sequence has high probability of completion. Now, check out the MACD...look familiar? The symmetrical triangle pattern is forming well within two contracting lines. The blue ABCDE for this are also complete. So, what's next? Do you think this is the time to be taking selling or buying actions?
On the high probability of a breakout, the below chart outlines a potential price pathway in a five wave impulse upward.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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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Hey @haejin , does the announcement have to do with your analysis or LTC?
Thanks!
Nice post!
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The time for buying Litecoin, at least in my opinion, has been over the past week from the time when it dropped from a little more than $200 to about $125. There were many times that people felt the need to buy the dip, but didn't know how low the dip was going to go! I admit that I made a few purchases when it was at $170 and $150, but I'm happy that I did most of my buying last Friday (which was payday). The prices seemed best at that point...now the big question is will there be another dip below this area or are we at a new correction where the minimum value is back in the $150+ range? Thanks for the post and info. -Respect
I love cryptocurrency
I LOVE PUSSY!!!
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It's evasion you idiot not Envasion.
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Truly a beautiful post! Thank you for doing what you do! I look forward to the next one! Thanks for the share!
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que post tan interesante
IS THE ANNOUNCEMENT THAT YOU & @RANCHORELAXO ARE GETTING MARRIED SOON? I KNEW YOU TWO GAY FUCKS WOULD TIE THE KNOT SOON!!! CONGRATS ASSHOLES!!!
Can you please do analysis of EMC2 einsteinium?
Yes, later tonight.
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Downward pointing bull trend lol
Hillarious
I love Bitcoin!
Hi i'm rocky , Lets help each others . Please Follow Me , I will follow you back . Thanks !
Good post I have held this for a long time and expect future growth Fast network
Come on litecoin I believe in you. Litepay will do it and Charlie Lee knows how to get us to the moon
This is not financial advice,but in my private opinion we will see Litecoin beyond $1000 by the end of 2018.A lot of people have been talking trash on this coin and laughed when some people was buying litecoin at 5$. Its now over $120/coin.Hold Litecoins nd say me thx at the end of 2018 :)
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looks like spam to me
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