Wait, Listen. Bag holders of LTC, Please verify the following statement is true and correct; I trade alts, I do it successfully and Cash Is King has provided over 100% in profits to its followers in the last 3 days alone.... do you want to be making this kind of cash?
LTC has gone up 100%, yes correct, However that's from December to now, do you want 100% a week or a 100% every 3 months.... Ask yourself this then think about liquifying some LTC and join some day trades. Not any day trades, day trades that have been analysed.
I want you to check my profile out and then choose if you want to trade with me, other traders aren't posting many alts due to fear of looking silly if it doesn't break out due to BTC moving.
We trade on confirmed breaks so no one looks silly if the breakout doesn't happen and no one entered until it broke so no one loses any money. I understand if your working full-time and can't day trade; and this I appreciate and suggest continuing to do what you do LTC, ETH POWR etc buy bags of it and sit because if you don't have time to trade your safer with long holds. This is hands on.
Now thats out of the way lets Check out LTC, slowly but surely LTC is moving and its been in an upward trend for quite some time and is now starting to display some bullish signals.
First of all you will see on the 4H chart the 20ema crossing over the 50ema...(above black arrow) Also the 200 has just come under price nicely. So know we know we have support ready for a move...
On the daily chart which is most important you will see the 200ema getting closer to the price, the closer this gets the sooner you will see a break
Next we have some volume coming in but nothing major and not enough to have a breakout yet, so this needs to increase.
However you will see a very bullish divergence forming and this is on the 4H charts and most importantly on the daily, so we know we are going to see a break out, its just a matter of when. Below is a chart that I have posted on a daily timeframe which I published a week ago and everything on this chart is and post is still valid. You can see we are not far off entering into the last third of the triangle which is the breakout zone.
I will be buying LTC once the breakout is confirmed until then I will trade other alts that are producing healthy daily profits rather then the sideways action here. First targets are green lines I will update on the breakout.
Cash Is King, we all love Cash! Lets make loads of it and may the 2018 be the last year we work!
*Related articles are below on recent trades, these are trade ideas that I personally trade and I minimise the risk involved by performing a calculation that is very low risk and high reward, we come out in front and by a long mile. I am here to make money and so are you, since we have the same passion lets do it together.
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We have broken our support line here and will continue down.