UnknownUnicorn788630

Litecoin Ready for Major Bounce; $230 coming.

Long
UnknownUnicorn788630 Mis à jour   
BITFINEX:LTCUSD   Litecoin
  • Litecoin rests on 100 MA (support).

  • Litecoin bounced off of major support @ 94, which was previously in a resistance zone.

  • When looking at a shorter but still relevant timeframe, like the 4h, you will notice LTCUSD has made a triple bottom.

  • RSI indicates oversold conditions on LTCUSD pair. LTCBTC pair on every single timeframe is even worse off (for bears) as it is majorly oversold (hasn't been that oversold in years).

  • Apart from these technical indicators, which are heavily in favour of Litecoin Bulls, Litecoin also has major fundamentals going on for it, including but not limited to:
    1) Haling on August 6.
    2) Global and nation-wide promotions by the Litecoin Foundation.
    3) MimbleWimble & Confidential Transactions and other privacy features.
    4) Ongoing development.

My question to you is; if you are not currently all-in Litecoin, then what are you doing here? Here on earth I mean. You are aware of this major opportunity, and you consciously decide not to take it? Were you born to fail?
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