I missed the train but not going to FOMO on this. I don't think LTC is ready yet for this years massive pump. Still got some more correction to do and more weeks to go. I'm still bullish long term.
Two short term bearish signs:
- MACD 1H about to cross down. - Bearish Butterfly Harmonic Pattern.
LTCBTC also touched a huge resistance.
Good luck!
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Stop-loss if it breaks the upper resistance level.
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LTCBTC is now showing a bull flag. This could be actually going up and the bearish pattern to fail.
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In the end the Harmonic Pattern dumped higher but it played out after the bull flag pumped LTC up.
You are more right than wrong, there just not enough buyer supporting this move up. I see a reversal down to 37 low or hold at 43-45. What do you think?
Excellent ! I did exactly what you said, despite i've never read this before.
TheCryptoHedge
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WRONG
CoinMajesty
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@carsonford, Check out the update. The small bull flag I posted invalidated the pattern ;)
jarredwinn
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@CoinMajesty, what about now that we're back in channel?
jarredwinn
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@carsonford grow up. let's see your illiterate chart.
I mean accurate*
roman_akyuz
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Can LTC reach 100$ based on its market cap and volume?
CoinMajesty
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@roman_akyuz, yes, the big question is if it is going to retrace before. Right now doesn't seem like it, but with crypto and especially LTC, you never know...
UnknownUnicorn942585
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Nice chart what is your target on this ? i also made a chart on the ltccny trading pair im targeting 290 CNY which equals in USD $ inkl the 10% china premium 39$