LiteCoin (LTC) Mid-Day Update: Like BTC; LTC Return is Beating Apple, AMZN, Tesla & Nvidia and will Continue to do so!!
SUMMARY
Does this very healthy and nice and pleasant correction have you down? Do you feel blue? DON'T!
A $100k in BTC put in during 2011 would now be $3.7 Bil. What do you think it'll be in 5 more years? We are getting a near lifetime buying opportunity being handed to us on a platter and the fear, the panic, the sell, sell, sell mentality is suffocating....but a very good indicator for me to use in that the bottom is near!
Here is Litecoin (LTC/USD) showing the bigger picture of waves and pattern. Are we near the bottom? Hmm, we should be. IF this is a WXYXZ wave, the Z is the last remaining and so close to the apex too!
A closer up showing the myriad of subwaves. So many abc markings! Should the bottom be near? I believe the bottom is close. For this, the bottom support line MUST HOLD! Any decisive breach of the bottom line triggers a new count. Even if the bottom line is breached, is it the end of the world? NO! Would I still buy below it? I'd cast my ladders.
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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Tutorial on the use of Fibonacci & Elliott Waves
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This selloff has been painful all the way around. Litecoin has been my go-to coin for transactions. Much preferred over Bitcoin. Sad to see it pull back so hard.
Bad day today every hour lost 200usd
I feel for you. I look at the chart free falling and still some people buy in! they must have a big gut but I feel sorry for newbies who believed things will turn ok soon and invested their hard earned money. The hearing on USTD on 4th of Feb might turn out to be another blood bath. it could seriously push BTC to below 5K... so let's be careful everyone.
Whats happening on 4th of feb...please?
Keep cash just in case ... and HODL, will go up anyway before june.
might be better off on the sidelines until this crap clears
Clif High is all about Litecoin too. Litecoin will be pumped from all angles.
Coinbase+any other exchanges. Charlie Lee. A plethora of other communities and marketplaces using LTC.
TA doesn't always result in outcome, but trends are good to analyze.
Clif High: Litecoin 1/5 of bitcoin and useful for smart contracts. Clif High uses a linguistic data to forecast. Very different approach but complimentary, imo.
I do not understand how everyone think this is a bad day. It is an opportunity day! We just jump back in the past and we can correct our mistakes. Do not hesitate to use this opportunity!
Exactly, when you are looking at a chart and thinking "I wish i could have bought that down there" , this is a time machine that lets you do that!
that was definitely a learning experience and I myself am suffering from too much FOMO about a month ago. BUT I have learned a lot since and I'm planning to learn more. Damn you Ripple ! ;)
yea dude we are using the shit version of a time machine right now.
Don't complain when the cryptomarket starts picking up in a couple months and you didn't buy the dip.
Reminds me of one of my favorite jokes. "I'm a time traveler! I travel one second, per second. And, only in the forward direction." :)
Anyone hodling? I know I am!
hodling and BTFD here on the east coast!!!
The hodl force is strong in this one!
Hodl or buy more if you guys have fiat to spend. 👌🏾👌🏾
Loving the optimism! Feeling the pain....
Me encanto tu informacion .saludos.
Yes, I'm in with LTC! What a great entry point right now.
LTC is pretty stable in the market. It hasn't yet been shilled as much as other coins, thats why it ain't dropping like the rest of the other coins. Lesser weak hands on LTC.
Buy the fucking dip guys