TL;DR Everything is up, trades here are in the green - watch your charts carefully!
We're going up! Hopefully you went long under 0.0165 and hopefully, you listened and took some profit yesterday before loading up the rocket with more shares at 0.0165. $LTCBTC probably going to bounce and continue up, about halfway up to 0.024 from here is my first TP. Enjoy your trades! Today I'll once again be including an $LTCUSD, $LTCXMR, $XMRBTC, and $XMRUSD charts. Looking at the $BTCUSD chart, I think it's going to continue up in the current trend/angle. Not expecting any parabolas this weekend.
Analysis: The $LTCUSD pair is looking very similar to $LTCBTC. I'm still watching for a re-test of $43 before going higher, and also watch closely for the blue swoop to play out somewhere around the arrow I've drawn. The purple line should be touched again before heading up and over!
" @daniweav no one trades this pair!" Except you, now, on this trade. Buy $LTC using $XMR you already own if you have some, you might be able to make a play here to pick up extra $XMR. Same rules apply, should touch the purple dots before going higher :)
I'm pleasantly surprised by the outcome of this weak looking triple bottom! It's gone up nicely, just as I suspected. Hopefully somoene saw my post and made nice profits from that trade. :) You can read more about the tripple bottom pattern here: http://www.investopedia.com/terms/t/triplebottom.asp
Yawn. This trade is so boring, hopefully you're enjoying your profits. Keep a tight stop-loss if you're worried about $XMRUSD value changing too much on it's way to test spot 3.) I strongly recommend selling after it get's to/near 3.)! This is why: http://www.investopedia.com/terms/t/tripletop.asp
Well traders, there you have it. A follow-up to my brief analysis of Litecoin, and a few of it's trading pairs. Please upvote, follow and resteem if you found this post useful! I work on these charts for free, and Steemit is really the only way I have to keep this blog going outside of donations! Thanks for reading, and I really hope this helps! Requests for trading pairs are open, just leave the coin you would like an analysis for in the comments below! Have a nice weekend :)
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