Hello all,
The LTC did a very nice UP the last hours but we have now the signs of an imminent correction :
As you can see on the chart, the UP has started via a Break Out from a triangle, one of my favorite pattern. We had a UP of around 50% but now the candles are clearly showing that the correction is in preparation....
As always, the MMA13 is a very good indicator to know the first target of the correction. We can always continue the correction and go farther to touch the MMA50 but it happens often that we just touch the MMA13 and start an UP continuation. Let's see the coming hours, as this chart is a 4 hours chart, we should see quickly if my prediction is good.
I wish you massive profits,
Cryptopassion.io
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
Version française ici : [FR] LTC - Une correction est imminente
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I agree with your analysis...good one indeed. Upped and following you for more information.
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imminent correction will be in the range between USD135 to USD138.
I don't see it drop very far, to be honest. Good time to rebuy LTC looks promising going forward
maybe test the mid 140 levels but that's it. It has been maintaining so far and I defiantly see 180 by next week if not earlier.
funny that you write "correction is imminient" during that correction :D
Litecoin should go higher in the new year with the release of MAST (smart contracts platform)
Friend told me to buy LTC I thought he's retarded, now I thing I'm retarded
i liked this post and i follow your post
A correction is a good thing!!
Good chance it will go up overall, it sure rocketed this month :)
i like your post
i am new in stimeet moon cooperation with him
Litecoin has really seen a good fortune recently. I never thought it could grow this far in a short while.
Seems most cryptocurrencies grow simultaneously together. Bitcoin rising, Litecoin rising, Ethereum also on the brighter side.
Thanks for the update. Litecoin is one of my favourite coins right now.
I thought about buying ltc, but didn't. it was a great mistake
One can never know beforehand. If you could, there wouldn't be room on your bank account anymore
It seems sooo
)
(
Litecoin really surprised everyone with recent high. Yes, it does seem the correction are in order soon.
We also saw BTC price took a bit of dump as litecoin rose.
Very interesting information. It is quite useful for everyone.
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I am waiting for that correction hopefully to buy in wisely lol then pull out and invest in XRP.