LITECOIN: As the majority of the Crypto Currencies take a breather and witness profit taking, Litecoin is no exception.
LITECOIN PRICE - CHART
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Over the last few days the majority of the Crypto Currencies appear to be taking a breather and witnessing profit taking.
This was to be expected considering the meteoric rise we have seen in the last 3 months.
Litecoin is no exception.
Technically LITECOIN remains a Long Term Bullish Buy despite the Short Term adjustment.
As with ETHEREUM and all other Crypto Currencies we will monitor them over the next few weeks.
Thanks for reading.
Stephen
Shared on twitter. Stephen
@stephenkendal You should take a look at my chart analysis on Ethereum, I think it did a good job predicting the current movements, and hopefully will be right for the next part of the analysis :)
Ethereum Correction is Soon to be Over -- Chart Analysis
I am bullish on LTC and will continue to buy on dips. BTC maybe a store of value, but LTC's value is fast (Lightning fast :) transactions compared to BTC. I look for LTC to be adopted globally for retail transcations.
Have a great week!
Steem on,
Mike
Im SO Bullish on LTC it hurts ! I told people to get into it when it was around $4 and no one listened to me, it has such an edge over BTC that people are now just realizing
I wish I was in cryptos back when LTC was $4. . I would have listened and backed up the truck. Luckily I was able to get in around 25-30$ average so still feeling good about holding for the long term. I'm pretty bullish on ETC also with the recent China News. https://steemit.com/cryptocurrency/@stacking9mm/ltc-and-etc-showing-signs-of-strength-since-my-last-post
I met someone who purchased bitcoin when it was a dollar....crazy part is, he only bought 5 of them, said he didnt want to "waste his money" haha....what a time to be alive!
Thanks again for another great post. I also really enjoy the technical charts that you include with your posts. I wholeheartedly agree that the all cryptocurrencies are taking a breather for right now. It's only a matter time before the long term trend will resume. It might be excellent time right now to start looking for some cryptocurrencies to purchase at an undervalued price.
Have a look at my post about been self sustainable I found a service which helps you make money on the Forex Market they send you signals and have professional traders which trade on your behalf in my first day which was yesterday I was up 48 gbp by the end of the day. I am looking like I will be nearly 100 gbp up in two days come look at my post and get involved https://steemit.com/trading/@wt1664/how-to-be-self-sustainable I will be posting today's account later this evening so stay tuned
Hello @stephenkendal can you tell me how you upped your reputation from 25 to 71? upvoted
Your reputation goes up when your content is really engaging meaning it gets a lot of upvotes.
If you post low quality content that no one upvotes, then your reputation doesn't go up.
Put lots of thought and passion into quality posts and I guarantee you'll gain reputation :)
"Put lots of thought and passion into quality posts". I could not agree more. Thank you for your support. Stephen
Thanks, I have only been on Steemit for 3 days, and this part I have figured out....already had some decent paying posts with a pretty low STEEM Power.
Yes. Hard work, dedication and full respect to my STEEMIT followers. Stephen
Hi @sleep1997 I'll try answering your question. As I understand it, the reputation score generally rises as you post more. It's not just the posting though by itself. Your reputation score rises when you are upvoted by users. Typically, the higher the reputation of person who upvotes your blog post or comment the faster your own reputation score will rise. I hope that answers your question.
I agree that #litecoin seems to be coiling for a breakout above $50 in order to establish a more long term bullish trend, especially with the successful back test of the breakout level at $34 over the past several days. I recently wrote about this. It remains to be seen whether the market cap will ever line up with the behemoths that are #bitcoin and #ethereum, though.
thanks for information, nice read!
You are very welcome. Thank you. Stephen
LTC and ETC both holding strong. Its gonna be an exciting month and year for both I think. https://steemit.com/cryptocurrency/@stacking9mm/ltc-and-etc-showing-signs-of-strength-since-my-last-post
Good work thanks for the info! Looking forward to ethereum and other crypto!