Litecoin to 26-56 (Forecast)

[guy_wonderful]

Target 26-56

13.15 stop SHORT TERM
10.24 stop mid term


curent price 13.56
SIMPLE FX prices.

[youdamushi]

What?
How can you believe it gonne move so up? Oo

This coin is litteral shit, it has 0 added value compared to btc! Why should it go up?

[guy_wonderful]

What?
How can you believe it gonne move so up? Oo

This coin is litteral shit, it has 0 added value compared to btc! Why should it go up?

Was looking at litecoin for couple of days now.
It's growing.


Usualy, third wave is the biggest one. Here.


Stops are so classy. It's just a nice trade, which has a profit factor of 18. Those blue triangles, a massive buys. They are targeting, at least, at 16 for sure.



I dont really found anything reasonable to answer why it's growing or why it's could not grow any furrther. Fact is it's growing enormously. WHy not to use buying opportunity which has such a nice profit factor!

Level two is when we go higher, there is pretty well chance of more buys, which often are trigered by rising price itself. That could make fast push to somewhere between 26-56 lvl.  

There is also a few different, less important things which could become drivers.
Like, capital flows to lite from a different coins. Bitcoin just gained a couple billions into it's cap,  in last few days. Where that money will flow to, after highs is reached and btc goes to opposite direction? Don't hestitate, buy. Wake up rich tomorrow.......

[guy_wonderful]

CNY is our price.

[Red-Apple]

CNY is our price.

Chinese price, volume and percentage is lagging behind for some time now and i don't think it is going to change any time soon.
and it is mainly because of their exchanges (the big 3) that are practically out of business these days. otherwise this Litecoin rally would have been so much bigger than just a pathetic rise to $20ish dollar we would have been above $100 already.

(97.19 CNY = 14.09 USD) fixed a decimal typo, sorry

[Rinkaari]

CNY is our price.
https://s3.postimg.org/lhilomj6r/2222.jpg

Chinese price, volume and percentage is lagging behind for some time now and i don't think it is going to change any time soon.
and it is mainly because of their exchanges (the big 3) that are practically out of business these days. otherwise this Litecoin rally would have been so much bigger than just a pathetic rise to $20ish dollar we would have been above $100 already.

(97.19 CNY = 140.9 USD)

U mad? 
97.19 CNY = 14.0974 USD

[youdamushi]

Ok I don't understand.
I don't have any explanations on that.

But you did well to watch that indeed, happy buys for you man ^^

[guy_wonderful]

But you did well to watch that indeed, happy buys for you man ^^

Ty, for you too. Hopefuly we reach 20 by end of the week.

[prabakharras]

Litecoin is already pump hard https://www.coingecko.com/en/price_charts/litecoin/usd $20 is surely here next morning when China turns day

[youdamushi]

Litecoin is already pump hard https://www.coingecko.com/en/price_charts/litecoin/usd $20 is surely here next morning when China turns day

Don't stay too long on the pump though.
This pump has no reason whatsoever, it means the dump can happen ANYTIME.

Sell progressively

[just_Alice]

Although Litecoin has risen significantly in the past month it had seen better times in the past. Remember the big rise in the end of 2013. LTC hit $50 on its peak back then and was staying over $20 for several months after that. So I think it would be right to assume that it has the potential to cost more than it is now.

[loreRex]

Someone said that CoinBase was already priced in.

LOL

[guy_wonderful]

Someone said that CoinBase was already priced in.

LOL

by the way, cool app you got https://play.google.com/store/apps/details?id=com.trelo.android.abcfolio

[bankmash]

https://play.google.com/store/apps/details?id=com.tabtrader.android&hl=en

[loreRex]

Someone said that CoinBase was already priced in.

LOL

by the way, cool app you got https://play.google.com/store/apps/details?id=com.trelo.android.abcfolio

Thank you man! 

[Red-Apple]

CNY is our price.
[im g ]https://s3.postimg.org/lhilomj6r/2222.jpg[/img]

Chinese price, volume and percentage is lagging behind for some time now and i don't think it is going to change any time soon.
and it is mainly because of their exchanges (the big 3) that are practically out of business these days. otherwise this Litecoin rally would have been so much bigger than just a pathetic rise to $20ish dollar we would have been above $100 already.

(97.19 CNY = 140.9 USD)

U mad? 
97.19 CNY = 14.0974 USD

haha, yeah sorry. i think readers are smart enough to know it was a decimal point mis-hap.

but they are still lagging behind though. we are up to $22.45 in USD markets and they are still lower at $17.5 (120.71 CNY)

($17.87 > $22.45) 25.62% USD rise
(97.19 > 120.71) 24.20% CNY rise

so i guess percentage-wise they are nearly the same.

[youdamushi]

Although Litecoin has risen significantly in the past month it had seen better times in the past. Remember the big rise in the end of 2013. LTC hit $50 on its peak back then and was staying over $20 for several months after that. So I think it would be right to assume that it has the potential to cost more than it is now.

No, you can't assume the price of somthing like a coin without looking at the technical part.
LTC is shit from a technical point of view
Or well... Not shit but it has no innovation at all.
So no reason to use it. And nobody uses it by the way.

So don't expect too much from it...

[guy_wonderful]

nice time to enter long.
stops at
20.81 extra short
20.51 short

enter at new day if you want to skip swaps.


nice shape at Asian exchanges too.

[DavaFores]

Hey, Guys, is it trust that litecoin going so fast because of segwit. Is there other strong improvements compared to BTC? I've bought some but dont know when to sell. +20% is good already?

[loreRex]

Hey, Guys, is it trust that litecoin going so fast because of segwit. Is there other strong improvements compared to BTC? I've bought some but dont know when to sell. +20% is good already?

Yes it is, considering that a correction of the price is very likely in the coming 1-2 weeks.