LTC/BTC Updates 11/13/2019 - The lowest price from 2017

LTC/BTC updates!


On this graph we use MacD 12 26 close 9 and Elliott Impulse wave 12345 with trendline and ellipse tools


We're now trying to reach the no. 5 target.


On coinmarketcap LTC volume went high from last month October 12, 2019 - 2,235,957,909 to 3,333,604,208 and the last month marketcap 3,599,137,699  to 3,905,317,178.


It was a big pump. On November 4-5 it went 4,725,921,529 volume and it was crazy! 


On technical analyst Litecoin founder is a Chinese when President Xi Jinping announce a blockchain adoption in China. NEO and LTC are top of the eyes.


On last month the developers of Litecoin have been looking forward to the implementation of MimbleWimble. They're publish 2 new drafts Litecoin Improvements proposal for establishing privacy features.


This is the best to buy why? Check the Oct. 28 2017 this is the lowest price of this year for LTC and pump almost doubled.


We will see if Chinese will introduce LTC or NEO.


Verdict:


Good buy: if USD 58-60usd and for BTC price 0.006900 and 0.007000


Target sell  wave 5 and above.


Always put stop loss to manage your risk.




Remember TECHNICAL ANALYSIS is all about probabilities and based on previous market performance(not all about certainty)


Disclaimer: This is for educational purposes,it is not intended as a financial advice.


The analyst won't be responsible for a loss of fund. The trader must be able to manage risk.




#Trend Analysis


#Chart Patterns


#Wave Analysis




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Thanks a lot!








COMMENT

30

preview not available Dotun Awosika Deetee
13 Nov

Litecoin dilemma become more public since the failed halving and it's really terrible seeing it plunge. Well detailed T/A buddy.

2 REPLY

28

preview not available Luke Brenland
13 Nov

LTC is a little gem! So low atm and in my personal view easily go back to $100!

2 REPLY

17

Bitcoin Bee Reporter
13 Nov

We have the same thought buddy :)

1 REPLY

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