6hr charts showing upside for both btc and ltc. I doubt the whales would bring us up past the teal line only to take us down this soon. I have a feeling once they get their coins from the weak hands we will continue our move up to the next line at 80s
Moon is on our side.
According to this BTC will trade sideways or dip while LTC and ETH go up.
Ratios agree. IMO.
More upside is very likely. IMO. Based off the LTC/BTC and LTC/USD week charts.
17k -> 19k -> 21k
4k of sells got added. The added 4k is a fake wall. IMO.
We will continue to consolidate until it is complete. Bulls are clearing out bears. Big buys come through every time we go below 85. Think of this exchange of hands as support building before the big push up. Bullish markets don't always have to correct on the way up.
Once BTC peak we should go up just like during the last ATH. IMO.
LTC and ETH are probably going to go up with BTC.
That bull flag :D
OBV is looking good.
So we are good for higher more bullish targets in 2018.
Stoch RSI on the 6h and 12h charts showing upside for BTC and LTC
Another big up move up developing on the 6h and 12h
Pretty sure BTC is going to takes us up with her.
Potential break of the red fan within 2 days. It would mean we could go higher for a much higher ATH. And it would conveniently start on a new week candle stick. Meaning that week chart would remain bullish.
If not today then definitely by the end of tomorrow we should move up. Because that is when the new week candle will begin.
Stoch is oversold on BTC/USD, LTC/USD, and LTC/BTC
Just means more sideways trading.
"Cryptocurrencies are a mechanism for transferring money from the impatient to the hodlers." -- MertB.
The circulating supply of LTC is 54 million. When Coinbase reaches 54 million users and each user buys one LTC the actual float of LTC becomes <1-2 million as well.
It is basically a guarantee that the price of LTC will increase with the growth of Coinbase user base. Since Coinbase is experiencing a growth of 1.2 million new users per month, and it's current user base is 11.9 million. It would take a little over 35 months for the user base to reach the circulating supply of LTC which is about 2.9-3 years. Meaning about 3 years from now LTC can be worth 12k. Over the course of the 3 years the circulating will be accumulated by new and old users to a point where the float is close to BTC's current float.
Hodl. If the rate at which new Coinbase accounts are created continue to grow 4 digits will be hit sooner than anyone expects. The growth Coinbase matches the parabolic growth of Bitcoin, and Litecoin.
It'll go up soon. Just more sideways action.
Support sub at 135 is confirmed once we are through the Gann Fans.
PSAR flipping Gann Fan setting up to break up.
Resistance is going to be at 170. After that we should be good (potentially).
LTC/BTC chart is turning bullish on the week chart.
Support at 135 and 275 exist. I think once this fan breaks (ie... the bull flag completes); could continue going to 800+. I know that sounds crazy but looking at the log chart... it makes lots of sense.
The 4hr chart is definitely shaping up. But it make shake off some more weak hands first. So don't be surprised if it creates some whiplash.