LTC Descending Wave 5 (Heading Near Zero BTC Value)

5 set 2017

The data does not look good for LTC. I would strongly reconsider holding this asset over the next six months in your portfolio.

14 set 2017

Nota

My view remains unchanged. LTC is now heading toward max fibo support. After that there is support at 0.010000 BTC. From there its game over...

28 set 2017

Nota

All you Litecoin'ers! Pay attention to this chart.

3 ott 2017

Nota

Litecoin investors please pay attention to this chart :S

9 ott 2017

Nota

Wahoooo!

11 ott 2017

Nota

Touched support at 0.010000 BTC. We should watch to see if we bounce or breach this level as this will reflect in the LTCUSD pair.

12 ott 2017

Nota

We've hit the support zone here, which will give some stability in the LTCUSD chart..

13 ott 2017

Nota

The big question now is whether or not the H&S will activate...hmmm

15 ott 2017

Nota

We kissed the top of the descending channel. A decision has to made here; breakout or breakdown?

17 ott 2017

Nota

Let's take a closer look here:

Entering and breaking through the key fibo box could lead to a break of the major key fibo! That would activate the gigantic head and shoulders :( There is a trendline there, though, so that adds support.
Lets watch what happens here:

IF we get a bounce from the fibo levels or the trendline we may have a nice buy opportunity. :)

20 ott 2017

Nota

Uptrend line is broken

USD view:

23 ott 2017

Nota

Head and Shoulders activated! Here's a closer look again. Fibo extensions provide short-term support for the market.

USD view: we are at the major uptrend line. A break will unlock selling!

26 ott 2017

Nota

Why would you bother trading LTC??

2 nov 2017

Nota

Uptrend broken

Down to max consolidation range?

7 nov 2017

Nota

Nice countercyclical bounce! Is it over now?

6 dic 2017

Nota

Yep...its over now....