Path to 1k

٢٩ نوفمبر ٢٠١٧

Sure, its maybe unlikely, but I feel like we could potentially see major Litecoin growth this year that puts it close to 1k by mid 2018. Given we remain without stupid FUD and other dumb crap, just maybe it will find itself in a more reasonable value compared to BTC.
This is more about gut feeling than proper TA, but I'm cup half full with LTC

٣٠ نوفمبر ٢٠١٧

ملاحظة

Just noting the correction in place at the moment. Correction, not crash. That said, I think emotional trading is going to have more weight than TA trading for a bit here. Lots going on. Nasdaq considering Bitcoin Futures, the press pool just asked the Press Secretary if they are monitoring Bitcoin, and we are 2 weeks out from CME opening shop. If the light blue lines are at all accurate, we are at a crossroad for LTC right now. If it follows the downward line, then we are headed to the lower support line and bottom of channel. To me, this just means LTC is going to do what LTC does. Take freaking forever to go full Chikun.

Thoughts=
- Lower blue trend line to bottom of channel = lateral move for bit then up to $400-600 by Mid 2018
- Upper blue trend line to top of channel = ~$1000 area by mid 2018

١ ديسمبر ٢٠١٧

ملاحظة

Upper trend line being held. Note: CME Futures official announcement today for December 18 launch.

٨ ديسمبر ٢٠١٧

ملاحظة

Trade going well. Profit took yesterday. I pulled the trigger too early clearly, but less stress over having money waiting to come out. Still running this trade with coins since $50-65.

٩ ديسمبر ٢٠١٧

ملاحظة

like a dummy i tried to get one more scalp in not realizing I was right up against the channel i have been working with for weeks now. Bit of bag holding at the moment, but made some BTCLTC trades and accrued a few extra LTC while I wait for a retest of ATH.

١٠ ديسمبر ٢٠١٧

ملاحظة

CBOE futures just opened for BTC. LTC saw a big spike for a few minnutes as a result. Buckle up.

١٢ ديسمبر ٢٠١٧

ملاحظة

Samsonite. I was way off! Not sure what to do here. Parabolic Litecoin is Parabolic. I have a few thoughts about this:

1. You'd think there would a big correction coming, but LTC is notorious for long sideways movement to form its support.

2. I am not the best at calling these, but this could be a blow-off-top keeping Litecoin in the major channel its been in?

٢٢ يناير ٢٠١٨

ملاحظة

I can't believe this is still somewhat valid! I've been off-loading my LTC lately as I had some pretty good profits in them, and have been trying to catch some Alts moving up. I'll buy back in if I see a real sign of bull movement again.

$100 is full correction, $150 is correction to current trend line.

١٤ فبراير ٢٠١٨

ملاحظة

Full correction reached, descending triangle broken, little push to 200$ by LTC, lets see where she goes next.