Update 3 for Litecoin (Prediction #15) Target $360 Expected date before 30 April 2018
Litecoin: Global Decentralized Currency
Too many followers on whatsapp asking me about litecoin target ?
Litecoin is good cryptocurrency but it can't beat king Bitcoin
Well I still have same target on Litecoin $360 before 30 April 2018
After hitting that target we will think about next target & situation.So wait for $360 first.
Whats next for Litecoin?
Short term target $288-$290
Long term target $360 which is due in 61 days.(My prediction before 30 April 2018)
Few days ago I mentioned that any price below $180
would be good buy price
We seen Long doji on a daily chart at $195
SMA 20 below price which indicates uptrend in action
Parabolic SAR buy give us clear picture of uptend
Net Volume increasing
$208 Becoming a new support
Fibo Retracement will fully retrace at $360.
Want to become a good trader?
Go through lessons (by salahuddin2004)
Lesson # 1 (Support/Resistance levels)
https://steemit.com/bitcoin/@salahuddin2004/lesson-1
Lession # 2 (Breakout/Breakdown/New Support/New Resistance)
https://steemit.com/bitcoin/@salahuddin2004/lesson-2
Top 70 Cryptocurrencies (Buying points/Target points) by me
https://steemit.com/bitcoin/@salahuddin2004/top-70-cryptocurrencies-buying-points-target-points
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Don't Forget to Resteem.
Thank you.
Take care.
Hi Salah, my friend! How have you been? And how are you, Carola?
Thank you for your litecoin update - I sold today half of mine cause I expect a short correction but will buy them back. I am bullish on litecoin like you are - new ATH should come before the end of April as you have said. Cheers, my friend!
Hola Alex, did you enjoy your holiday in Spain? Nice to have you back here! I am doing fine, thanx.
Today it's freezing cold in the Netherlands it feels like -15 with a lot of wind from the east. And now I am looking at Coinmarketcap and I do not get a warm feeling of what I see .
In my opinion, the alts are lagging behind the increase in bitcoin, but if Bitcoin drops, they are ahead :-(.
What do you think about the market situation at this moment?
Hola! Spain was great! It is my favorite country - I like the people, the food, the sun, the atmosphere of the cities, the sangria in the summer...One day I would love to live there.
However, I am in the UK now and have caught a cold after coming back from sunny Spain. The weather here is as terrible as in the Netherlands. So I feel you.
My opinion on the cryptomarket is that we need more time - I do not expect us to ''moon'' any time soon (I expect a few coins to make ATH soon though, litecoin being one of them, most probably). But overall there is still a lot of caution. However, in the short term (within 1 month)I expect bitcoin price to move to about 15-16K and once we reach it, I will probably sell some coins - most probably the alts will follow a bitcoin run towards 15K and will grow a bit. I think this coin called DigixDao or sth like it is kind of a new safe heaven and if bitcoin falls, this coin grows. So I plan to open a position into it during the next bitcoin bull runs. End of April is when things might start to get more interesting (based on last years) and we might have a new bull run. Or, alternatively, bitcoin may collapse to 3-4K and drag all the alt coins with it. So 15-16K is a critical point in my opinion - before getting there I wouldn't be worried about some price fluctuations.
Hello hello
My friend @humblestudent.
How are you?
Good to hear you are back
Take care
hoi,
yes I know it's a great country, when I listen to the music of Juan louis qeurra I immediately come to the holiday mood :-). @salahuddin2004 looked at my portfolio and the purchase of a second hand car should be possible this year, he says, lol
But you are dreaming of buying houses all over the world, first Gent and now Spain :-). I just read that your LTC will give a huge gain this month. So do you still think it would be wise to sell? They have not gone so much anyway and you still have to pay transaction costs? Regarding Digixdao I think you are right and it's interesting to buy some at a lower point when BTC is rising fast.
I love salsa and used to dance every week! Not anymore though..maybe if I move to Spain I will again. So i dig this guy - Juan Guerra's music :)
I think we have a similar portfolio - we both have some Verge and Tron, for example. In bear markets I always try to have also some bitcoin, ethereum and litecoin - they fall less and once the market jumps a bit, normally they are the first to grow. In my opinion it brings some balance to your portfolio.
Oh, I am still pretty far from buying a house in Gent, or Spain - my money needs to work for me a bit longer. And honestly speaking, I think the housing market in most countries is in a bubble - I would wait for a 30-40% correction and will buy then, if I have the money, of course :) I think there is a big chance for a big correction in stocks, reals estate,fiat, etc within 2-3 years time.
I bought some litecoin at about $150 and sold at $215, so it is not that big a gain. I think Litecoin should correct a little bit more and then I expect it to move towards $350 or even more. So I am waiting to buy again, especially if it falls to a level of $190, or even less. At $350 I will sell most of my litecoins. Btw I still haven't bought this Dentacoin, but found Sirin Labs Token and went in. It is a company who will offer some secured open-source electronics who will support the blockchain and supposedly bitcoin transactions will be free of charge. Also, Leo Messi will advertise it, and the current price is 6 times lower compared to ATH, so I think it was worth it buying some tokens. Let's see how it goes. How about you - any new coins on the horizon that you are interested in?
Hey Alex,
I hope you feel better again, salsa dancing fun!
Personally, I think that investing in stones is still a good choice.
The interest rate is low and the rents are high.
The demand exceeds the supply, but then I speak about certain areas in the Netherlands.
Yesterday I bought some more Tron just before the outbreak. I am in the alt coins up to my neck. The simple calculation quickly taught me that I could make more profit than with the purchase of, for example, 1 btc. But I think you are right and that I should look for a better balance in the future.
I have asked @ salahuddin2004 to watch Nebulas, but he is very busy right now. I am looking for the '' Google '' unbeneath the coins :-)
DCN was an impulsive purchase, but I keep it just for fun.
Wow look at Verge, up up up, wave 3 I think ... Nice!
Hey:)
Great for your TRON gains! Yes, I agree that when the alts grow, they outgrow bitcoin. But when they fall, they also fall harder, generally speaking. I was only trying to find a safe heaven coin (excluding Tether) cause I knew a big correction was coming, but couldn't do much but buy bitcoin, litecoin, ethreum, etc - the coins I believed would fall the less. I also didn't want to sell coins to euro yet as I wanted to postpone paying taxes for the next year. Luckily, I found some coins that might work in the next big correction - DigixDAO being one of them.
It might be wave 3 for Verge, let's hope so!
As for ''the big picture'', I personally don't think that the ECB can keep the interest rates this low for much more time. In short the economies in the EU are very different one from another (for example Germany and Greece) and using a single currency creates many troubles. Actually I still believe that it will be most probably Europe where the next economic crisis will start from. This also coincides with the computer models of Martin Armstrong (if you haven't heard of him it might be worth checking him) according to which the collapse of the EU begins at the end of 2018. I am not saying I believe in his models blindly, but since I also see instability within the EU financial system, I am a bit more cautious.
It is best to be diversified - that's what every prosperous investor is saying - own some gold and silver, some land, some cash, some stocks, some bitcoin (or TRON:), a property, etc. This has been one of my goals for the last 3-4 years - to own a little bit of everything. Cheers!
Very nice message for the people who are in LTC!
Thank you so much for your time and good work!
Oh, that would be great, I hope you reach your goal soon ;-)
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