I bought all the way down at the 11700000 level a few days ago for GREAT gains. Sorry I didn't post it before hand. (Sidenote - I'm still new to posting my charts on tradingview, so cut me some slack lol). There are 2 POSSIBLE scenarios for LTC -0.48% at this point, but both are bullish opportunities. If it drops back to my 155000000 -16000000 level( The 4 point wave) I will buy some MORE LTC -0.48% and go heavy!! If it breaks the small wedge pattern upward I will be looking to BUY on the CLEAR break and retest of the 17800000 level delineated by the blue horizontal line above the wedge pattern.
Fundamental Analysis
With Charlie Lee, the CEO 0.10% of Litecoin, finally leaving coinbase on 6/18/17 I think a lot of people will naturally gravitate towards LTC -0.48% as coinbase has become a nuisance in MANY areas (buying coins ,site maintenance,becoming US regulated etc.) This is a good look for LTC -0.48% in my opinion. They are pushing to become their own entity. Also with the launch of LTC -0.48% being able to be traded on Bitstamp on 6/19/17 I believe the news excitement will cause a really nice wave upward!!!! Everything is lining up for LTC -0.48% so be patient and wait to take down the DRAGON!
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The current area is not a bad buy zone if you aren't already in at .017700000
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vinke
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So how long to hold? Should I have sold or will it rise even more?
RyanGrinds
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@vinke, Holding until the .02000000 - .022000000 level bro ;). We may be in some consolidation right now tho to rattle the buyers out before the next wave upward