LTC Out Of Steam | Bitcointalksearch.org

arbitrage

hero member

Activity: 560

Merit: 500

Quote from: Bowtiesarecool on June 21, 2017, 03:24:45 AM

Quote from: Juiceboxx on June 21, 2017, 02:55:42 AM

The smart money is going back to BTC. I would not be surprised to see another bull run of bitcoun to $5000 by the end of the year.

Oh, BTC is definitely going to make that 5k bull run this year. Doesn't mean LTC isn't going to make another run to smash that sell wall in the next month or two

Definitely agree with you we will see another fake dump of BTC due to speculations about fork..Then we will see 5k or more and LTC will follow this for sure. What will happen after that i do not know and i do not care. It is important to stay focused on what is important. Wink

AlphaSun

full member

Activity: 226

Merit: 100

It does look like it is running out of steam unfortunately, despite Charlie and Segwit and all the other good news.

Sad news, it would really have been nice to have a stable LTC around $100, (or even $50), as a "safe" old and tested alternative to BTC. Undecided

Bowtiesarecool

sr. member

Activity: 1050

Merit: 295

Quote from: Juiceboxx on June 21, 2017, 02:55:42 AM

The smart money is going back to BTC. I would not be surprised to see another bull run of bitcoun to $5000 by the end of the year.

Oh, BTC is definitely going to make that 5k bull run this year. Doesn't mean LTC isn't going to make another run to smash that sell wall in the next month or two

Juiceboxx

newbie

Activity: 53

Merit: 0

The smart money is going back to BTC. I would not be surprised to see another bull run of bitcoun to $5000 by the end of the year.

CoinBimBop

newbie

Activity: 57

Merit: 0

#Fakenews

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

Quote from: ridery99 on June 20, 2017, 02:48:20 PM

It seems that LTC is out of steam and we saw the moon. Technical analysis shows that you should dump soon before we go back to 15 dollars in the major exhangers

I am no expert in TA but even I know that this was a perfect cup and handle formation!
which means there was simply a big sell pressure after reaching the previous high price which prevented the rise above that price and led to a little dip. and this dip or the handle won't last long and will reverse.

and besides you can only dream about $15 LTC this soon, even if the dump continues it will take a long time for it to go that low. there is a lot of good buy support for LTC because of all the hype that is receiving from everywhere! Charlie Lee is constantly working on it and advertising it, every time with a new good news. I can only see rise for LTC for the following month.

and that's not to mention the bitcoin price rise which has always took LTC with it up.

Sumo

hero member

Activity: 1098

Merit: 500

sell the news

Kaamio

newbie

Activity: 21

Merit: 0

One word: Correction.
I believe it's just impossible for it to sink down to $15 level.
It's not 2013 anymore. Lot of good stuff has happened to LTC after that Wink

parepare

member

Activity: 85

Merit: 10

Quote from: ridery99 on June 20, 2017, 02:54:50 PM

Quote from: parepare on June 20, 2017, 02:50:02 PM

Quote from: ridery99 on June 20, 2017, 02:48:20 PM

It seems that LTC is out of steam and we saw the moon. Technical analysis shows that you should dump soon before we go back to 15 dollars in the major exhangers

yeah, sure, what an prediction. you could predict it maybe 15 cents?

It seems you can't read the charts... You should sell now when you can make profits. It will fall back to 15 dollars according to fibonacci, rsi macd and other indicators.

Fuck those indicators, this is not stock market. This is crypto, biach Grin

ridery99

hero member

Activity: 616

Merit: 500

Quote from: parepare on June 20, 2017, 02:50:02 PM

Quote from: ridery99 on June 20, 2017, 02:48:20 PM

It seems that LTC is out of steam and we saw the moon. Technical analysis shows that you should dump soon before we go back to 15 dollars in the major exhangers

yeah, sure, what an prediction. you could predict it maybe 15 cents?

It seems you can't read the charts... You should sell now when you can make profits. It will fall back to 15 dollars according to fibonacci, rsi macd and other indicators.

parepare

member

Activity: 85

Merit: 10

Quote from: ridery99 on June 20, 2017, 02:48:20 PM

It seems that LTC is out of steam and we saw the moon. Technical analysis shows that you should dump soon before we go back to 15 dollars in the major exhangers

yeah, sure, what an prediction. you could predict it maybe 15 cents?

prabakharras

sr. member

Activity: 546

Merit: 250

It is true, it may return to sub $40 or $30 dollar wise.
But in BTC term it is still cheap https://www.coingecko.com/en/price_charts/litecoin/btc
and also i think BTC scaling issue is going places

ridery99

hero member

Activity: 616

Merit: 500

It seems that LTC is out of steam and we saw the moon. Technical analysis shows that you should dump soon before we go back to 15 dollars in the major exhangers

Topic: LTC Out Of Steam (Read 901 times)