Many people has asked D4rkEnergY to give his opinion on Litecoin. So here is his advice for you guys. When it comes to Litecoin. Be carefull. HODL and wait.
We are right now looking at the 15min LTCUSD chart. First of all we can see that a Bear Flag is taking form, which indicates that we probably will go further down. The MACD on the other hand, has just made a bullish crossover, which indicates we will go up. The RSI is dancing back and forward obviously because we are looking at such a short time frame.
This is a very difficult chart to predict, even for D4, but as you guys know D4rkEnergY is not afraid to tell the truth. He is usually right.
So expect we will go down to the horizontal support level (blue line), and then we will see a bounce upwards again. For the daytraders out there you will definitely be able to scalp some money between the 2 horizontal support and resistance levels. But it requires skills. Its not for the beginners out there.
We will most likely be ranging between those levels for some time and go sideways. The huge resistance line (thick blue line) is the Elliot Wave 50 % retracement, which we only can see on the bigger chart. It has been really hard to break through that level for the bulls.
So D4rkEnergYs advice for you right now is to wait and be patience. When we break through the 50 % EW retracement resistance level, and have a good confirmation candle with good volume you should be good to buy! But always remember to put a stop-loss.
OUT D4rkEnergY is everywhere D4rkEnergY predicts everything
Dagangan ditutup: sasaran tercapai
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The always humble D4 did it again. Bear flag completed. And then the bounce!
Proof below:
(1) Litecoin is expected to meet all time high yet since bears came mid January > 300 by first week of March
(2) Litepay with great team and only ‘merchant app plus card’ for common people and businesses - Modern Crypto PayPal
(3) Huge Surprise ( Amazon, Apple, Google, Alibaba) who knows ?
(4) Awesome community
Can’t ask more from real crypto currency that uses fastest payment and min fees.
Dare to say - far better than old buddies BTC BCH Dash
Be greedy when everyone is fearful!
Buy Litecoin or Leftout watching LTC > 400 by mid March when CNN BBC reports to common men across globe.
milanjelic
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Considering we should have retracement on Bitcoin to 8800, 158 would be lowerst rebuy on LTC.
Proof below:
(1) Litecoin is expected to meet all time high yet since bears came mid January > 300 by first week of March
(2) Litepay with great team and only ‘merchant app plus card’ for common people and businesses - Modern Crypto PayPal
(3) Huge Surprise ( Amazon, Apple, Google, Alibaba) who knows ?
(4) Awesome community
Can’t ask more from real crypto currency that uses fastest payment and min fees.
Dare to say - far better than old buddies BTC BCH Dash
Be greedy when everyone is fearful!
Buy Litecoin or Leftout watching LTC > 400 by mid March when CNN BBC reports to common men across globe.