Litecoin LTC - Feb 15 Technical Analysis - Target hit. Top is in. Correction Targets

in #bitcoin7 years ago

Short-Medium Term Targets T1 - $196-$209
Long Term Target (4-6 months) - $414++++
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Bullish
Short Term Bias (Today) - Bearish (Correction)

Yesterday, we finished off with this prediction:

The TA yesterday can be found here:

https://steemit.com/litecoin/@philakonecrypto/litecoin-ltc-feb-14-technical-analysis-short-term-target-usd202-usd240

My Comprehensive List of Tutorials
Please consider upvoting if it has helped you
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Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - How to Analyze Candlesticks Charts with Strategy
Lesson 3 - Moving Averages
Lesson 4 - Relative Strength Index RSI with Advanced Strategy
Lesson 5 - MACD and Histogram
Lesson 6 - Margin Trading Long, Short, Leveraging
Lesson 7 - Basic Risk Management
Lesson 8 - Fibonacci Retracement Part 1
Lesson 9 - Fibonacci Extension Part 2
Lesson 10 - Laddering
Lesson 11 - How To Interpret Time Frames
Lesson 12 - Swing Trading Advanced 55 EMA Strategy
Lesson 13 - Introduction To Elliot Wave Theory
Lesson 14 - Using a Basic Excel Tracker for Risk Management
Lesson 15 - Automatic Stop Sell/Buy Executions
Lesson 16 - Advanced 55 EMA Strategy with Time Frames and MACD Part 2
Lesson 17 - 6 Hours Live Trade Scalping. Growing $2,000 Account into $3,500
Lesson 18 - Bitcoin BTC Feb 6 - BTC Update - Summary of ABCDE with live play.
Lesson 19 - Elliot Wave Theory, Fibonnaci Retracement & Extension (Combined with Feb 11 BTC TA)
Lesson 20 - Advanced Elliot Wave WXY With Feb 11 Technical Analysis
Lesson 21 - Using Elliot Wave, Fibonacci, And Extensions To Obtain Targets (Combined witFeb 11 BTC TA)
Lesson 22 - Risk Management, Channels, Fib Retracement, Fib Extension. Summarizing Feb 11 BTC

Twitter - https://twitter.com/PhilakoneCrypto
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If I've helped you, consider buying Luna and myself a beer

BTC address: 1PruhmsYXU2gPkNw574xZSMyBG4YW5Wnq9
Ethereum: 0x2538b728f9682fc1dc2e7db8129730f661753850
LTC: LPeaZpGiF3XdCw5XPN7LXztDagTEZAMgYd
Bitcoin Cash: 1AY2FPANCe5URB71Nvy6tkCgoTS8iHgmZD

The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.

DISCLAIMER:

Legal stuff here. I'm not financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.

If I've helped you, consider buying Luna and myself a beer

BTC address: 1PruhmsYXU2gPkNw574xZSMyBG4YW5Wnq9
Ethereum: 0x2538b728f9682fc1dc2e7db8129730f661753850
LTC: LPeaZpGiF3XdCw5XPN7LXztDagTEZAMgYd
Bitcoin Cash: 1AY2FPANCe5URB71Nvy6tkCgoTS8iHgmZD

The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.

DISCLAIMER:

Legal stuff here. I'm not financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.

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FYI, looks like you pasted the footer in twice. :)

Thanks for this. Made about 120% yesterday trading LTC at NordFX. They allow up to 1000x margin so you've gotta keep a close eye on it.

Since NordFX only has USD pairs, I was staring at three charts yesterday: the BTC/USD chart; the LTC/BTC chart; and the LTC/USD chart.

I was watching the MACD on all three charts. Wanted to wait it out a bit longer but had to go to bed and closed the trade -- fortunately! It's moved down considerably overnight.

Anyway thank you very much for your tutorials and sharing! I have learned a lot and have a lot more to learn. You are very appreciated. Take care!

Thanks for trading with us on Valentine’s Day mama whale. I love you ❤️

PLEASE CHECK OUT 8 BACK & FORTH REPLIES to my comment in the Feb 14-Targets-Predictions-Valentine's Day Evening Update regarding the scope of your accuracy and responsiveness.
You said you updated next BTC BIG CORRECTION TARGET to from $4,800-$5,200 to $5,200-$5,600. Clarify words you used “because you need to keep it on the table”, mean you now see only as a possibility but no longer expect big correction or because you still expect it? Please let us (non-day-traders) know! Anyway, please continue having our backs: if and as soon you think it is likely that the bottom is behind us, UPDATE us immediately, so that if need be, we can buy asap and not miss out too much! Blessings

Why do some people post right here all kind of “demandings” seemingly being part of an agreement, very precisely formulated, and some stated in capital letters too? Do I miss something? Are they premium member of some kind of a Philakonecrypto membership program? I gues they are referring to the Terms and Conditions that be part of this membership agreement? People, just relax! :)))))

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.youtube.com/channel/UCeu9yMweVfTCftF9gvnuGeA

Hey man, BTC correction happening right now you take it??

All over it like a tramp on chips...

As always, your the best!
Really, that's trading for dummies thank you so much!

Thank you, learned something valuable again from this video!

Dude wth - i'm so sad that i found you so late - thanks for the tutorials and sharing your knowledge!

As usual great work!! I follow you here since the beggining of your steem career xD

I was wondering if you dont rly believe in steem or why your acc hardly has any value compared to a whale like „haejin“. You and haejin are for me the best posters in steem for crypto and your too wallets compared make me feel like one believes in steem the other doesnt. Would be glad to hear your oppinion! Greets to you and luna and thank you so much for your efforts!

Btw: i have a upvotebot for you and haeijin so every post ou guys make is for sure upvoted by me ;)

happen to have you here with me! :) Thank you very much.

same for you buddy!! :) If you gone i will need to exit crypto lolz :D

I'm learning so much from you and it is truly appreciated!
Philakone, you're a life changer!

Thanks upvoted

Thank you very much, upvoted.

Eternal thanks!

I've gone through every one of your tutorials and learned such a ridiculous amount about TA, waves, Risk, and fib. I am grateful and thank you!!

Love your vids! Very educational. Any chance you can look at ETH and XRP today. Would be appreciated. Trying to decide when and if to trade some ETH to XRP.

Setting up the trends and fibs on trading view was really helpful!

dear god, the amount of lessons you drop in one video is mind blowingly awesome. like the symmetry lesson, the 'it's not an inverted hammer' candle lesson, the 'this is not an ascending triangle' lesson, when to enter on confirmation. so freaking jam packed. gotta continue to go over these subtle but insanely important nuances you keep pointing out to us. i loveeee it :) thanks a zillion for sharing

thanks buddy, upvoted