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DreamBlood
22 dec 2017 21:54

Litecoin - did the crash stop? (200% potential profit) Lång

Litecoin / U.S. dollarBitstamp

Beskrivning

At the moment the market looks like in recovery mode, all coins were down about 50% and for now they are increasing in price. MACD and RSI supports uptrend movement, so we should expect reaching our profit goals.

Buy orders should be placed - 260(risky) , 215.
Profit goal - 345, 480, 690.
Stop - 170 or 115. (very unlikely for it to reach this numbers without any major negative news coming to ltc, or to the cryptocurrencies in general)

Let the Litecoin play it out, reaching 480, 690 might take a while. I pointed out stops where the price might bounce back, so you can trade and get some profit along the way. Do so at your own risk.

If you liked my chart, be sure to follow me.
I will answer all questions as fast as i can.
Good luck trading!

Kommentera

Update:

Nearing 0.786 resistance, breaking it would place 345 in play.

Kommentera

Update:

Currently fighting the resistance, most likely it will break it.
Kommentarer
sweetd23
Are you on Twitter?
DreamBlood
@sweetd23, sadly, no. Why do you ask?
sweetd23
@DreamBlood just looking to follow your tweets
Box1515
It went to $144 on GDAX this morning. I think that was the bottom though.
UnknownUnicorn734775
Yesterday BTC stopped uptrend, but i agree with you, we're near a new ATH, specially because high BTC fees!
Mer