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Topic: Litecoin trade. LTC to $24 (Read 1216 times)

member
Activity: 420
Merit: 10
November 26, 2018, 02:49:57 AM
#30
We are waiting until a not strong downward movement and we hope that the whole market will change, then laitcoin will again pay back.

Gaining the price will always take some time but due to downtrend, many people will panic more about their holding the coins prices will go down ever lower value. We need to be very careful when the prices are going down which it is not a good way to sell them for cheap prices.
full member
Activity: 350
Merit: 100
MenaPay - Crypto made easier than cash
November 26, 2018, 02:03:22 AM
#29
We are waiting until a not strong downward movement and we hope that the whole market will change, then laitcoin will again pay back.
hero member
Activity: 966
Merit: 501
Working 24 hours a day isn't enough anymore.
full member
Activity: 392
Merit: 101
December 15, 2017, 12:40:34 PM
#27
LTC is a nice project I think it is a good alternative for boggling bitches. I think LTC is one of the most beautiful projects that have done the same logic after Bitcoin. The $ 500 level can be seen in the near future.
legendary
Activity: 2982
Merit: 1485
December 15, 2017, 12:09:48 PM
#26
I cannot find any good reason why to invest into lite but just highly pumped shitcoin in my opinion.
real price could be about 10-15 bucks per one. Everything higher - too expensive.

Right now we are in mainstream hype stage for whole crypto currency world. Market is not acting rational. New people attack and buy whatever they see cheaper than Bitcoin with no technical knowledge or analysis. I don't think it will go down until this hype pass. I think it's risky to short it now, the hype is still alive.
sr. member
Activity: 882
Merit: 269
December 15, 2017, 12:03:41 PM
#25
This thread is a great reminder of were we were then about some few months ago. Litecoin is currently trading above  $300 and this week Litecoin has made a great leaps in price. We hope this bullish momentum or upward trends continue as it seemed litecoin is aim to touch  $500 before end of this year.
member
Activity: 112
Merit: 30
Highest ROI crypto infrastructure
December 15, 2017, 11:47:02 AM
#24
Why is everyone knocking LTC so much.

Its no less valuable than bitcoin. If bitcoin can exist then why not litecoin. Its a matter of choice that people have and i think its a very good thing, gives people options.

Stop Litecoin abuse!
hero member
Activity: 966
Merit: 501
Working 24 hours a day isn't enough anymore.
December 15, 2017, 10:41:02 AM
#23
I cannot find any good reason why to invest into lite but just highly pumped shitcoin in my opinion.
real price could be about 10-15 bucks per one. Everything higher - too expensive.

I can understand you want it drop though, just imagine how much it had grown in just weeks and if you haven't rise that train, its definitely a good reason to beg everyone to drop it so you can jump in. You can buy at $250 if it goes that low. $250 is a good entry price, shut up if you want to show how grateful you are.

Please tell the reason why to buy it.

Reality is that there is no such that reason at all.
therefore drop for 70% even 80 % in a period of a day is very real.
Therefore, I stay away from this shitacoinita. It is good coin to go short through.
I'm absoluteley with you. There is no reason why LTC should be considered a valid Investment.
For daytrading it's profitable (probably the only reason why it's still there), but in the long-term, it will just shade away.

Oh thanks for you comment it feels like a sigh of air.  Wink
But really. I would be more that glad to buy it. When price only meter from what that litecoin king will say.. And in other hand there is such a massive things which can push it down, so buying it becomes so risky.
full member
Activity: 126
Merit: 100
December 15, 2017, 09:45:35 AM
#22
I cannot find any good reason why to invest into lite but just highly pumped shitcoin in my opinion.
real price could be about 10-15 bucks per one. Everything higher - too expensive.

I can understand you want it drop though, just imagine how much it had grown in just weeks and if you haven't rise that train, its definitely a good reason to beg everyone to drop it so you can jump in. You can buy at $250 if it goes that low. $250 is a good entry price, shut up if you want to show how grateful you are.

Please tell the reason why to buy it.

Reality is that there is no such that reason at all.
therefore drop for 70% even 80 % in a period of a day is very real.
Therefore, I stay away from this shitacoinita. It is good coin to go short through.
I'm absoluteley with you. There is no reason why LTC should be considered a valid Investment.
For daytrading it's profitable (probably the only reason why it's still there), but in the long-term, it will just shade away.
full member
Activity: 360
Merit: 100
December 15, 2017, 07:23:32 AM
#21
When would be a good moment to buy? Thank you

I would wait for a little correction. I would guess around 200 dollars. IF you want it easyier...just wait until BTC bull run ends and then buy litecoin.
Agree, BTC still has room to increase to all altcoin will slip down a bit further.
hero member
Activity: 966
Merit: 501
Working 24 hours a day isn't enough anymore.
December 15, 2017, 07:09:55 AM
#20
I cannot find any good reason why to invest into lite but just highly pumped shitcoin in my opinion.
real price could be about 10-15 bucks per one. Everything higher - too expensive.

I can understand you want it drop though, just imagine how much it had grown in just weeks and if you haven't rise that train, its definitely a good reason to beg everyone to drop it so you can jump in. You can buy at $250 if it goes that low. $250 is a good entry price, shut up if you want to show how grateful you are.

Please tell the reason why to buy it.

Reality is that there is no such that reason at all.
therefore drop for 70% even 80 % in a period of a day is very real.
Therefore, I stay away from this shitacoinita. It is good coin to go short though.
full member
Activity: 560
Merit: 101
December 15, 2017, 07:01:10 AM
#19
I dont think ltc would drop that low either. It will stabilizest $200 is my guess right now  and $24 will not likely to happen.
hero member
Activity: 700
Merit: 500
December 15, 2017, 06:53:14 AM
#18
I cannot find any good reason why to invest into lite but just highly pumped shitcoin in my opinion.
real price could be about 10-15 bucks per one. Everything higher - too expensive.

I can understand you want it drop though, just imagine how much it had grown in just weeks and if you haven't rise that train, its definitely a good reason to beg everyone to drop it so you can jump in. You can buy at $250 if it goes that low. $250 is a good entry price, shut up if you want to show how grateful you are.
full member
Activity: 289
Merit: 100
December 15, 2017, 06:50:48 AM
#17
I'm no expert, but i highly doubt Litecoin is going to $24. Sure the price is dropping some from it's high, but when was the last time you've seen Litecoin that cheap?
hero member
Activity: 966
Merit: 501
Working 24 hours a day isn't enough anymore.
December 15, 2017, 06:43:53 AM
#16
I cannot find any good reason why to invest into lite but just highly pumped shitcoin in my opinion.
real price could be about 10-15 bucks per one. Everything higher - too expensive.
legendary
Activity: 1176
Merit: 1005
Decentralized Asset Management Platform
December 15, 2017, 06:01:32 AM
#15
Looks like worst time comes for litecoin



Do you really think that LTC will go under 180?
I already made few profitable trades in last 24 hours, selling at 18mBTC, buying at 14.2mBTC and selling at 15.3mBTC. But now I'm just waiting.
member
Activity: 84
Merit: 10
Czech altcoin newbie
December 15, 2017, 05:49:20 AM
#14
When would be a good moment to buy? Thank you

I would wait for a little correction. I would guess around 200 dollars. IF you want it easyier...just wait until BTC bull run ends and then buy litecoin.
member
Activity: 117
Merit: 10
December 15, 2017, 05:38:33 AM
#13
When would be a good moment to buy? Thank you
hero member
Activity: 966
Merit: 501
Working 24 hours a day isn't enough anymore.
December 15, 2017, 05:23:50 AM
#12
Looks like worst time comes for litecoin

full member
Activity: 504
Merit: 100
September 22, 2017, 12:09:09 PM
#11
Never suppose it to a perspective coin
full member
Activity: 140
Merit: 100
September 22, 2017, 10:41:41 AM
#10

It's worth noting that the sharp recovery from last Friday's low of $33.56 ran out of steam around the downward sloping 50-SMA, where prices have now formed a lower high.

The relative strength index (RSI) remains bearish. The rally from $33.56 lacked substance/buying pressure, as suggested by the decline in the average true range (ATR) – a volatility indicator that reveals the degree of interest or disinterest in a move.

A bearish reversal with an increase in ATR shows strong selling pressure. The ATR is showing signs of life, which means the sell-off in litecoin could gather pace.

The price chart also shows a bearish crossover (short-term moving average cuts long-term moving average from above) between 50-SMA and 200-SMA.

View

Litecoin is likely to test 200-SMA support of $33.52 in the short-run.
legendary
Activity: 1610
Merit: 1183
September 22, 2017, 09:50:28 AM
#9
LTC SHORT
Looks like LTC wants to go bit down in price.

Target 24.1
Current price 42.4
SELL, all down from 41.51 to 37.27
Stop at 44.22


SIMPLE FX prices.




Approaching the levels.
Probably, will be able to short market soon. Important levels haven't changed. It's still important to break those lvls. (green square)



Good call. Other traders on tradinvview agree with the short. Im not shorting because I generally never short (crypto markets are too crazy, anything can change and you can lose a lot of money) but if everything goes as normal it should keep going lower.

The only good fundamentals I see for LTC right now is the testing of atomic swaps with other coins, not sure if that can generate enough bull pressure to stop this.
hero member
Activity: 966
Merit: 501
Working 24 hours a day isn't enough anymore.
September 22, 2017, 08:07:00 AM
#8
LTC SHORT
Looks like LTC wants to go bit down in price.

Target 24.1
Current price 42.4
SELL, all down from 41.51 to 37.27
Stop at 44.22


SIMPLE FX prices.




Approaching the levels.
Probably, will be able to short market soon. Important levels haven't changed. It's still important to break those lvls. (green square)

hero member
Activity: 966
Merit: 501
Working 24 hours a day isn't enough anymore.
August 15, 2017, 05:20:43 AM
#7
bitcoin could also fall a lot. quite risky to hold both. if you still hold bitcoin, at 3870 where it's last bastion before moving to , techicaly, 1700-1800, (i would hold all above ,and dropped under 3870.)
hero member
Activity: 966
Merit: 501
Working 24 hours a day isn't enough anymore.
August 15, 2017, 05:14:52 AM
#6
Reaching lvl
full member
Activity: 163
Merit: 100
August 04, 2017, 11:28:34 PM
#5
Interesting theory, I'll have to keep an eye on that and check in with you if it does drop.
full member
Activity: 123
Merit: 100
August 04, 2017, 11:26:21 PM
#4
I am not sure if LTC may go lower that much.
I am planning to buy more if it s falling, I rather found it quite no significant proce movement.
It moved 1 usd higher, not really sure if it ll jump, waiting for more clue
hero member
Activity: 966
Merit: 501
Working 24 hours a day isn't enough anymore.
August 04, 2017, 09:30:40 PM
#3
I'm still ready to short at any time.
at evening will analyze market more.
full member
Activity: 258
Merit: 100
August 03, 2017, 07:28:12 PM
#2
It seems that 24usd is too much.
LTC may go lower within coming days but I dont think it will that low
hero member
Activity: 966
Merit: 501
Working 24 hours a day isn't enough anymore.
August 03, 2017, 04:58:03 PM
#1
LTC SHORT
Looks like LTC wants to go bit down in price.

Target 24.1
Current price 42.4
SELL, all down from 41.51 to 37.27
Stop at 44.22


SIMPLE FX prices.


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