SUMMARY
Very interesting on how Litecoin (LTC) is still leading Bitcoin (BTC). LTC is already complete with waves a,b and has already started the c wave whilte BTC has just completed wave A. This allows an analyst to assess the BTC pathway with more clarity. More details in the video!
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We saw BTC struggling under the load of the high transaction volumes. Can we be confident that LTC will fare any better?
More than 3 times better, just from the fact that it produces a block every 2.5 minutes instead of every 10 minutes. On top of that, the current transaction volume is much lower, that means more space to grow
Up, Up, Up, all I want to see is it going up!
Best investment I ever made was to buy litecoin!
Why not use a weighted average based on trading volume?
(Paste in trading view)
(BITFINEX:BTCUSD * 66 + COINBASE:BTCUSD * 12 + BINANCE:BTCUSDT * 46 + BITSTAMP:BTCUSD * 19 + HITBTC:BTCUSD * 6)/149
credit:@cryptorae
Yes, then you can include all.
Can you do TA for RLC(iexec)??
interesting on all this is that nothing in this market is completely stable. We just follow that to have a little idea about nothing. 😎😎😎 So... thanks for your great job! I really appreciate. 👍🏽
I'd love to see your TA on MINT. I requested it a few weeks ago when it was at 7 satoshi, it has since climbed to 18 satoshi and I believe we will see 40 before this rise is through. Thanks!
Thanks for your analysis . In your opinion, why LTC tends to anticipate BTC moves ? Because it is considered the most BTC-like coin but marketcap is far lower and it can react faster to market ?
Bitcoin is king, all alt-coins wait for Bitcoin to make its move and follow shortly after. Litecoin is very similar to Bitcoin and is also one of the few you can buy with FIAT along with Ethereum. That is why is sometimes not always you will see BTC, ETH, and LTC behaving very similar.
Litecoin Price Action
Expecting a drop towards $200, great psychological support. More depth analysis here: https://steemit.com/cryptocurrency/@kidmartin-95/8j229z0u
There is no doubt that the next wave of millionaires/billionaires is coming from cryptocurrencies!
Thanks, very good post !!!!
Awesome Work!
Keep it up!!!
@cryptoinvestinfo
I am sure about it, main point is not get REKT before the wave
I don’t agree with your assessment as to why LTC behaves differently to BTC. First, it’s always sentiment driven. Second, that sentiment is cycle driven. LTC and BTC cycles are non-phasic and as cycles don’t overap or diverge or converge for too long, this non-phasic will dissolve to more phasic.
Here is a more in depth analysis as to why i think altcoins follow bitcoin. I'd love to hear your thoughts please get back to me. Thank you for your time :)
https://steemit.com/cryptocurrency/@kidmartin-95/why-altcoins-follow-bitcoin
@haejin, I see you still have issue with your mousse. If you want me to help you troubleshoot the issue. Check for the email I sent to your haejin_crypto email on the 3rd of February with subject "Help with your mouse issue on trading view".
Thanks, I will.
Litecoin has been struggling in the early part 2018, as have all cryptocurrencies.
depends on what you mean by struggling. There r certainly ups and downs on everything.
Yeah, I doubled a huge chunk of money on litecoin already this year. Nothing struggling about it from my point of view
Good job bro.i agree
Thanks for another great review. Could you possibly do Zero (ZER)?
Yes, later today.
If you did Zero (ZER) I missed it. I just went back over three weeks of posts and couldn't find it. So, whenever you might want to could you please do Zero again? Thanks as always. I'm learning so much watching your daily postings.
I was watching ETH and wondering the same thing. Anyone any thoughts?
Thanks.
Would you please analyze Hush?
And update ETC, BTX
Thanks in advance
thnx bro :)
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I'm still confuse, how do you predict that, and sure 100 % profitable. Sorry i am a beginner
Please review my tutorials linked at bottom of each post.
Technical analysis not working on the crypto currencies.
it really got me scared...i actually sold all my LTC and before i knew it the price sky rocketed
LiteCoin great investment for the future.
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Ever since NANO became mainstream I feel like LTC is somewhat irrelevant, even Charlie (the creator of LTC) publicly endorsed NANO and said he owns some. LTC has the first move advantage and more real-world usage at the moment, but I think that will change pretty soon.
i will try to buildup my account.. so i need support & help..
Please help and rebuild my account also, its kind of useless to keep this account with this low level.
Create good content, make good comments. Burnee knocked my account back from a 38 to a 15 in an hour, you don't hear me whining and begging for help with it. I'm just going to keep telling the truth where it needs to be told and contributing as best I can to the platform. That's the only way to boost your account that is rooted in morality.
what's the possibility that it's an abcde correction instead of a abc?
Welcome Steemian! I wish you MASSIVE profits!
Amazing friend