Litecoin has enjoyed awesome gains recently. It is only a matter of time before we will see a retracement. In this litecoin technical analysis video, we dicuss taregts for ltc price on upside and downside, and also key support areas for Litecoin if LTC retraces down.

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33 COMMENTS

  5. My mentality is:
    Question 1: No, I will always want more. It is about trying to find the best entry point at any given time.
    Question 2: Yes, I am prepared to hold to significant losses to a "bottom". Once I make a deposit, that money is gone, flushed down the toilet. Only way to invest in crypto, otherwise the emotions will kill you. Long term is how to think, just accumulate as much as you can on the dips. We never know when its going to take off, case in point, #LTC !

  8. LTC is having the Golder Cross (50 crossing above 200 ma) on a daily chart this week?! Roughly in 4 days or so. Do you think this is as significant as the textbooks say, Dan? AT the same time, we have bearish crossing on Stock RSI and on RSI it is also bearish. Same trend change on a weekly chart. Will we have a brief capitulation before Golden Cross, what do you think?Do you think this is as significant as the textbooks say, Dan?

  11. I prefer to just buy on the dips and wait until I'm a millionaire AND THEN SELL. I'm not going to try to guess the tops and bottoms, or whether we're going up or down in this crazy market, not to mention the tax implications. Just accumulate and hold until you're comfortable

  14. Just like cost averaging, theres exit averaging. On to Ox protocol. Thanks for all the videos on Litecoin over the last several months. Buy low, sell high, off to 0x I go. See ya when stochastic weekly RSI approaches new low for litecoin. Peace

  16. If we hit $90 on LTC i would be really happy i would sell 30% of my portfolio then wait for the down trend to buy back in and currently very prepped for upside/down side. Slowly but surely im building back up from my loss from a crypto scam.

  18. Thanks Dan.Very good unbiased analysis.Ive been trading this ascending Ltc wedge and have added about 30% ltc to my bag.It hasn't been smooth but I am anticipating quite a large capitulation this coming week.I follow a fee TA youtubers and compare analysis.
    Thankyou again.

  21. Great video… I'm happy with my 50 litecoins…but not prepared yet. I'm a small time investor..if I had 125 litecoins.. then I'd be happy with both.. if we had a dip. I'd take out 100 and leave in the 25 and then use the 100 to buy back in 9n the dips.

  24. To me TA is a tool used by good traders to take the money traders who only use Technical analysis. It never ever right. It’s perfectly the opposite almost all the time.

  25. I like your videos but I think you put too much faith into "indicators" Just watch price action. Cryptos are beginning to transition into a bull market. Absolute worst case LTC will possibly test the $45 level. However,, if we break below that area we will be transitioning back into a seller's market. The crypto market and fundamentals are far different then it was years ago.

  30. Curious what your thoughts are on the 50 EMA being just a few cents away from crossing the 200 MA. I don't know how significant an event like that is, but it's set to happen in the next few hours, it appears.

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