LTC Correction to likely .0150

POLONIEX:LTCBTC   Litecoin / Bitcoin
Dilihat 692 kali
692 9
Price is out of bollinger bands , note adjusted for strong buy moves (2.5 SD of previous high average).
Last time price went out of that band corrected next day, look to the other side of the chart.
Volumes are rising indicating a stronger buy and sell actions.
over bought on the Stoch RSI .

best of luck

I don't short strong trends.

Targets is beyond .020
Dagangan ditutup: hentian tercapai
if i buy in now do you think it is a good time or will it still go back to .015?
dr.ehabaziz nanozeus99
@nanozeus99, If you want to. it went already down to .0156 and there is a lot of hype in the community around it.
your stop loss would be 160 mark

best of luck
nanozeus99 dr.ehabaziz
@dr.ehabaziz, thank you sir
ok thanks much appreciated
hi in your opinion when is the best time to buy in to LTC? will there be a pullback?
dr.ehabaziz nanozeus99
@nanozeus99, Hello,

I would not touch it till it corrects as per the previous post, minimum of 0.0160, price out of Bollinger band is an unstable price.

2 rules helps me
1. Buy cheap
2. Don't buy because of Fear of missing out (FOMO), it is ok to miss a winning trade there is plenty.

Best of luck
thank you that is helpful and i will keep watching closely. i think on tuesday it will start yo come back down
how high will litecoin go before it pulls back? what level do you think it will pull back to?
dr.ehabaziz nanozeus99
@nanozeus99, very hard to tell.

This sort of Spike mostly is followed by sharp corrections except of course in few circumstances. a lot of people were in on the 0.012 mark and that is more than 25% percent profit.

Having said that, a lot of large groups behind that crypto that advertise it as a triple digit coin that's more than 100% from here.

It is a buy, no question but a good entry point would be around the round numbers .0160, .0150 and .0140 with 50% gains correction

How high it will go, 0.020 , 0.022 some even say 0.030, If not correcting here it will correct around maximum of .020

I understand I may miss out but I accept that risk rather than a 30 percent correction on my assets

Hope that is helpful, Best of luck
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