Quick Update On Litecoin - New ATH At $129

in #litecoin7 years ago

What an amazing day we had for Litecoin. It went up 30% and totally smashed the old ATH at 106. Here is the daily chart:

FireShot Capture 483 - LTCUSD_ 125.420 ▲+3.74% — Unna_ - https___www.tradingview.com_chart_AxIWekrr_.png

Comment: As you can see, we also closed very close to the top which is a bullish sign.

Lets finish up with a look at the 4 hour chart:

FireShot Capture 485 - LTCUSD_ 125.180 ▲+3.54% — Unna_ - https___www.tradingview.com_chart_AxIWekrr_.png

Comment: We do have a very nice bull flag formation here. If we will take out the old top and have a 4 hour close above 129, I think we can go much higher.

Have a good weekend!

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And when Litecoin makes its way to about $200, what would be your suggestion of what to do next?

It all depends if you are trading it, Im not, Im a hodler for at least 3 years. You should accumulate at every dip if you believe in it for the long term.

I bought Litecoin, because I wanted coins for using. And it was either Litecoin or Bitcoin cash. And Litecoin was on sale while SBD was at a premium.

But, I also no trading, well, enough to lose all my money. And I see a quick run up in Litecoin, and then a down, and probably sideways for a while, then up lots more. And, from a trading standpoint, it would be better to have something else that was going up.

But, getting out into the dollar is something I loathe.
I just don't have a good game plan.

It has just started being accepted for gift cards and prepaid phones! That's why!

yeah, I read something about Steam, was that it?

Yes! You can now buy steam vouchers with LTC. Charlie Lee, also known as coblee, creator of Litecoin, Cryptocurrency Enthusiast and Ex-Director of Engineering at Coinbase, tweeted about this about 24 hours ago.

Though priced in bitcoin it’s down since June.

Regardless of it being down priced in bitcoin it will keep moving up!

great coin. good to buy in. also new commer which is making wave yet on exchange but after website sold over 600% spike is elyte
www.elyte.biz
check it out
great post dear... upped

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