Largo

China updates to SegWit, GO LONG NOW!

Actualizado

China is upgrading to LTC Segwit in about 5 hours from when I'm writing this. Go long. I'm in at 0.00895 BTC, even getting in over 0.01 is ok.

GLHF

twitter.com/JiangZhuoer/status/855634001402265600

Nota

Few more hours, looking good. Broken into a new fib channel, and MACD looks strong. Exit target 0.014 BTC

Nota

IT'S HAPPENING - EVERYBODY WANTS LTC. First few SW blocks signalled, lolololol

Nota

Might be met with resistance here tho, according to trend lines.

Nota

Broken the trend line. MACD still looks good. Overall looks strong, target still 0.014.

Nota

Shorted at 0.011, might be way too early but I wasn't keen to hang around.
Entry 0.00895, exit 0.011, trade profit 23%.

Might get back in later if it dips, but for now, just taking profit. Greed is bad.

Nota

Was a good short at 0.011, price heading down now for some reason. Not sure why, everyone still signalling. think LTC was overbought during hype, anyways, was a good short.

Nota

Was a NOOB move to get out earlier, the short was good for a while but support rekt me :< anyways, Im back in LONG.

1. MACD looks strong AF
2. SegWit has yet to ACTUALLY implement
3. 50 MA just crossed 200 day, this is bullish

Conclusion, HODL your fucking LTC, I'm back in at 0.0114. GLHF

~Callum~

Nota

Side note: Always go with your original idea. Don't be a pussy. Looking at my first chart, I regret getting out earlier and had to pay a bit more to get back in. Anyways, target still 0.014

Nota

WHAT SORCERY IS THIS

just gonna hodl

Nota

This could be a likely scenario. Seems we are retracing where we came from - symmetrically. Could go down to 0.0105 before we really take off. Will be an interesting evening.

Nota

Seems unable to break this green resistance channel, all the way up, regardless of SegWit. Guessing this is because there are a LOT of bagholders from earlier pumps and even from years ago when LTC was over $40. Anyways, still think we're on the way down to 0.0105-106 before we head up.

Nota

It's now or never, really testing dat resistance

Nota

Good morning, just woke up and LTC looking good.

Target still 0.014, ETA 24hrs

Nota

It's resisting exponential growth lines, come on bulls.

Nota

Could start to see a reversal here. Those are reversal candles

Nota

We've bounced. Onward and upward to 0.014. MACD pulling back nicely too

Nota

^ IMO, BitCoin's growth is slowing the LTC price growth

Nota

^ I'm out at 0.012, might get back in later if it dips to 0.014. Taking profits, too lazy to wait around again. Let's see if I end up regretting it again lel.

Entry 1 : 0.00895
Exit 1: 0.011
First trade profit: 23%

Entry 2: 0.0114
Exit 2: 0.012
Second trade profit 5%

Total: ~28% so far

Nota

^ Nice short at 0.012, just got back in at 0.0116. Starting to bounce back.

Nota

Looking to bounce of 50 moving average and the green support channel. Overall bullish.

Nota

THE COMEBACK

Nota

Might take quick exit at 0.012

Nota

Held through the night, still slightly profitable, but gonna keep holding. LTC been consolidating today, really testing the resistance trend line, might be loaded for another pop within the next 8-12 hrs.

Nota

^ After a bit of consolidation, we broke out into the green channel again. However, it now seems to be acting as resistance, like before.

Not to worry though, SegWit will be locked in, in the next 15 hours. I'm expecting this to do big things for the price.

Nota

^ Some weird shit happening here now, but in 20 mins, SegWit is officially locked in. Doesn't seem to be any anticipation of this in the price, but maybe there will be some excitement afterwards.

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^ 5 mins to go. A wild reversal candle has appeared

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LTC used SegWit, it's super effective!

Nota

^This is really weird... I still think that because of BTC's massive price spike recently, attributed to BitFinex not allowing fiat withdrawals for now, it could be really slowing down the growth of LTCBTC.

LTC's market cap has grown significantly over the past few days, however, the price hasn't done the same, because everyone is pumping up the price of BTC, in attempt to buy BTC so they can get their money out of BFX.

Nota

^ What the actual fuck. Great time to get some cheap LTC I guess...

Nota

^ Bounced off of support, perhaps we can fulfill the 2nd orange arrow.

Nota

^ If we fail to break this descending trend, I'm probably gonna get out in the next few days/hours at 0.012

UnknownUnicorn897809

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