I don't think it could look anymore bullish than this. 1. We have long term triangle-resistance trend-line broken to the upside. 2. We have that same area now backtested as support. 3. All the moving averages have switched to the upside.
This is the potential long term circle of LTC.....
If we get to the bottom of the channel which is $15.90 that will be the better place to add in to your position for the long term. Buy those dips!
Silver is on the move up after massive accumulation. Silver to the moon!
These are the basic zones to know the path of the Litecon to Bitcoin pairing Ltc/Btc.
Looks like we got the perfect RETEST we, LTC lovers, were looking for. Now we should hit the $186 level after breaking $150. Major interest area coming up!
**Only for LTC true believers seeing a chance to pick up some good-priced LTC (relative to BTC) on this falling knife pattern.** I think this is a GREAT level to START ADDING MORE LTC, which is right under its 200 daily MA, which looks like it didn't hold but should find support and bounce!
Bitcoin to 7000's by the 7th Month. Target is July. (2019). BTC. The probability is 70%. The probability that BTC returns to the $7000's at some future point is +95%. This is a well traded area from the prior year and shall return....it WILL RETURN THERE FOR SURE and hopefully consolidate and keep moving higher!
Keep this handy so you know where and when to PEEL out and trade LTC for BTC . We will be going HIGHER towards the ultimate 1:4 ratio
This is the current history of Litecoin. In a few years, when LTC is over $1000 and it's people have held and accumulated through the bear market REWARDED they shall be!
Linear view on LTC....It would appear solid support below.
The force is STRONG with LTC...don't be surprised if we keep going UP!! If not....then buy some more in the $40's!
Bottom is IN.....we move higher! Stay LONG and strong!
LTC is setting up for another move higher. If you can buy it when it is in the BUY ZONE then you are getting it on sale.
LTC remains strong against BTC as it is heading up towards past levels. Stay long and hold LTC .02 is coming and then EVENTUALLY .25!
RangeBound markets with plenty of trading zones and ultimately HIGHER as long as it stays above $3000 hold long. Bias is LONG and ACCUMULATE