[LTCD] LitecoinDark.com ★ Scrypt ★ Difficulty Shield ★ Multipool ★ Fast

[brookefinancial]

triple top! if we don't break through on the 4th try this could tank....we need to break the 3k mark ASAP!

Saw this a bit ago as volume collapsed and exited for now. Will keep an eye on it for sure but didn't want to risk it overnight.

yep, I sold a portion off aswell as I thought it was going to dive, but its held so far...but it cant keep it up unless it breaks that 3k
Buy support is building and only 5btc to push it over. Dev you have any news to push this over the line? I know its community based.

It doesn't look like a "triple top" for LTCD.

The most classic chart pattern for a market top is a "H&S Top" and a "Double Top". We saw it last night on the $LSD, it was also there on CLOAK, HAL, etc. Here is a few example of a market top.

$LSD Drop with H&S Top



$CLOAK Drop with H&S Top



$HAL Drop with H&S Top



So, like I said, it doesn't look like a "triple top" for LTCD. The cyclical rise so far is very interesting and there is a strong momentum from the moving average. A more simple way to see the bullish consolidation is that we have a "ascending triangle", it's not a Triple Top.

It's earlier to tell because a downbreak from the "ascending triangle" is possible and price dropping to 2000sat would not be too good. However it looks like the lower part of the head is higher than the lower part of the left shoulder.

There is a 30% failure rate on "ascending triangle", so its possible that it goes down but to be continued.

[voodoo1967]

buy volume now is 3 to 1 so price should go up or at least people buying should hold and not take a loss so price should climb sometime soon I would think

[Mig-23]

just test  

like it,..just need color improvisation and symbol

[dandruff1138]

just test  

like it,..just need color improvisation and symbol

A new logo is needed ASAP. I have a feeling this coin is about to sky...,

[voodoo1967]

just test  

like it,..just need color improvisation and symbol

looks good wonder what the L would look like shiny like the outside and have litecoindrark around the edges in the flat grey?

[sally87]

just test  
https://lh4.googleusercontent.com/-EShTYIMSZMo/VBR2x-WI5-I/AAAAAAAACEg/QG2O8BSdDgw/h120/test.png
http://2.bp.blogspot.com/-W6_S97cNA0o/VBR3sWoPw_I/AAAAAAAACEo/KGXyU1_cLrk/s1600/test1.png

like it,..just need color improvisation and symbol

looks good wonder what the L would look like shiny like the outside and have litecoindrark around the edges in the flat grey?

This is not nice, it's the same like litecoin. It must be original, right people?

[travis72682]

So what you guys are saying is if a whale puts a 10btc sell wall and the price keeps bouncing off it that it shows weakness?  I have been doing this 2 weeks and I can see why it is only logical for EXACTLY that to happen....

It inspires fear into smaller investors when someone looks like their sell order is the start of a price crash, so they desperately sell at a lower price than the sell wall. The buyer to those sellers may in fact be the owner of that wall, who is buying coins for a cut-price. It's a very common strategy in crpyto as the orderbooks can always be dominated by whales. You basically learn to disregard the groupthing of BUY!! or SELL!! and make your own decisions

Thats what I said in the post before the one you quoted more or less.He isnt trying to sell. He is trying to buy.. Heard they call it a "shakedown". Way to combat it, EAT the sell wall. The seller doesnt want to loose coins and watch the price climb. So all you scared ppl out there, if you hold out he will pull his wall if it starts getting eaten..

[makemeapancake]

just test  

like it,..just need color improvisation and symbol

looks good wonder what the L would look like shiny like the outside and have litecoindrark around the edges in the flat grey?

This is not nice, it's the same like litecoin. It must be original, right people?

I agree. It's too simplistic/plain looking as well. Not feeling it at all.

[brookefinancial]

I am being very careful with LTCD, but so far so good.

[sally87]

just test  
https://lh4.googleusercontent.com/-EShTYIMSZMo/VBR2x-WI5-I/AAAAAAAACEg/QG2O8BSdDgw/h120/test.png
http://2.bp.blogspot.com/-W6_S97cNA0o/VBR3sWoPw_I/AAAAAAAACEo/KGXyU1_cLrk/s1600/test1.png

like it,..just need color improvisation and symbol

looks good wonder what the L would look like shiny like the outside and have litecoindrark around the edges in the flat grey?

This is not nice, it's the same like litecoin. It must be original, right people?

I agree. It's too simplistic/plain looking as well. Not feeling it at all.

Compare this logo with Litecoin

[sally87]

I am being very careful with LTCD, but so far so good.

http://img4.hostingpics.net/pics/325642LTCD2.png

Don't be scary, it will increase more and more.   

[mikerutch]

So what you guys are saying is if a whale puts a 10btc sell wall and the price keeps bouncing off it that it shows weakness?  I have been doing this 2 weeks and I can see why it is only logical for EXACTLY that to happen....

It inspires fear into smaller investors when someone looks like their sell order is the start of a price crash, so they desperately sell at a lower price than the sell wall. The buyer to those sellers may in fact be the owner of that wall, who is buying coins for a cut-price. It's a very common strategy in crpyto as the orderbooks can always be dominated by whales. You basically learn to disregard the groupthing of BUY!! or SELL!! and make your own decisions

Thats what I said in the post before the one you quoted more or less.He isnt trying to sell. He is trying to buy.. Heard they call it a "shakedown". Way to combat it, EAT the sell wall. The seller doesnt want to loose coins and watch the price climb. So all you scared ppl out there, if you hold out he will pull his wall if it starts getting eaten..

lol what wall?

the problem is that there is no wall but price is not pushing above 3k

It can only take a number of try's to push it past resistance, if it doesn't go holders get frustrated and dump.

Volume dropping doesn't help

setting buy order for between 1800-2200

[martibg]

 









LN5DZCpRcwtRF3b2JcbcaSwjPrDc5kJuuJ

[brookefinancial]

Brooke Financial @BrookeFinancial  ·  7 min
$LTCD could drop to 2400 sat before starting the next rally. #ltcd However, 2100 would be dangerous. #trade

-

Dip to 2400, looks very interesting unless it goes lower to 2100.

Time to accumulate with caution.

[travis72682]

Brooke Financial @BrookeFinancial  ·  7 min
$LTCD could drop to 2400 sat before starting the next rally. #ltcd However, 2100 would be dangerous. #trade

-

Dip to 2300, looks very interesting

someone sold about 200 under bid to start that little crash, its coming back.. Funny watching the sheep/puppets sell.

We are watching the whales get coins cheap... which kinda gives me confidence
some little buy walls. . .(actually probably just weak hands)

[mikerutch]

holy crap this thing is about to tank!
no buy support till low low 2k

[brookefinancial]

holy crap this thing is about to tank!
no buy support till low low 2k

I'm watching very closely, this will get ugly if it drops under 2100 and starts trending down to 2000,1900... I will sell on confirmation of a downbreak, right now it's risky to sell and watch it goes to 2700sat to buy again higher.

Very interesting trading night ahead for LTCD.

[mikerutch]

well there is the classic triple top

Edit: Or we could see a busted triple top....lets only hope!

[legoman39]

hi, what is a triple top if I may ask? thanks 

[mikerutch]

hi, what is a triple top if I may ask? thanks