The Litepresence Report on Cryptocurrency

[presence]

more concisely....

I'm watching 30 / 600 sma's on 5m

 

[muh_roads]

It looks like 375 broke. Retraced and bounced off 375.

 

[presence]

Honey Badger bought the breakout. We're in again.

china is far and away leading the push here's 1h 20/300 huobi vs btce:

this is new money bubbling chinese markets

 

[presence]

 

[muh_roads]

HB change its mind?

 

[FSP-Rebel]

Things are looking up but we'll see if this is a double T. Prez?

China comes off their week-long+ holiday tomorrow and my guess is they'll be piling in. The current rise has been from the alt-mess'n around that is cashing back into btc. Any Ltc pump coming our way?

 

[presence]

Honey Badger Pro just switched states from Red Dragon to Bounce. Instantaneous overbought is now at about $520; falling 10 cents an hour. We're shooting for the moon

 

[presence]

HB change its mind?

you missed post 4663; we're holding coins at about $380

Honey Badger bought the breakout. We're in again.

 

[muh_roads]

you missed post 4663; we're holding coins at about $380

okay I was just confused by the descending blue line u drew. Thought maybe you were implying HB made a mistake.

 

[FSP-Rebel]

 

[bullhammer]

you missed post 4663; we're holding coins at about $380

Hey LP, I haven't had any time to chart or trade, on a huge project! As most of the time I'm all in LTC, any chance LTC will catch a bid here? maybe get dragged up by bitcoin? Maybe explode higher eventually?

 

[FSP-Rebel]

Hey LP, I haven't had any time to chart or trade, on a huge project! As most of the time I'm all in LTC, any chance LTC will catch a bid here? maybe get dragged up by bitcoin? Maybe explode higher eventually?

Patience is a virtue.

 

[muh_roads]

Hey LP, I haven't had any time to chart or trade, on a huge project! As most of the time I'm all in LTC, any chance LTC will catch a bid here? maybe get dragged up by bitcoin? Maybe explode higher eventually?

A lot of LTC bagholders are starting to get scared of Ethereum. LTC feels like a very dead coin with nothing to offer now.

 

[presence]

Hey LP, I haven't had any time to chart or trade, on a huge project! As most of the time I'm all in LTC, any chance LTC will catch a bid here? maybe get dragged up by bitcoin? Maybe explode higher eventually?

I haven't been messing with ltc in quite a few months... mostly dedicated to my honey badger platform these days

I tend to stoploss back to btc when ltcbtc falls through a level of support established several months ago; the dec 22 2015 low getting breached this past few days is pretty ominous sign that you'll bleed down to the 700 level

 

[bullhammer]

I haven't been messing with ltc in quite a few months... mostly dedicated to my honey badger platform these days

I tend to stoploss back to btc when ltcbtc falls through a level of support established several months ago; the dec 22 2015 low getting breached this past few days is pretty ominous sign that you'll bleed down to the 700 level

Thanks LP, from a contrarian view, all the above comments/sentiment seems to indicate we may not go any lower,
+ the daily STOCH RSI (LTC/BTC) looks like a good buy signal to me, time will tell, I've been sitting on LTC for so long now I would hate to sell now only to see it catch fire again!

 

[presence]

Thanks LP, from a contrarian view, all the above comments/sentiment seems to indicate we may not go any lower,
+ the daily STOCH RSI (LTC/BTC) looks like a good buy signal to me, time will tell, I've been sitting on LTC for so long now I would hate to sell now only to see it catch fire again!

never any shame in buy, hold, sell when it gets vertical


h/t fontas

 

[muh_roads]

Thanks LP, from a contrarian view, all the above comments/sentiment seems to indicate we may not go any lower,
+ the daily STOCH RSI (LTC/BTC) looks like a good buy signal to me, time will tell, I've been sitting on LTC for so long now I would hate to sell now only to see it catch fire again!

My comment was more related to the buy and hold types hoping for $600 LTC. I'm sure LTC will still have pumps in its future so I didn't mean to scare you into selling. A lot of people feel Ethereum is the new Litecoin 2.0...which yeah, probably means ETH is not a good buy right now lol.

 

[bullhammer]

My comment was more related to the buy and hold types hoping for $600 LTC. I'm sure LTC will still have pumps in its future so I didn't mean to scare you into selling. A lot of people feel Ethereum is the new Litecoin 2.0...which yeah, probably means ETH is not a good buy right now lol.

Yes I think 600 is a big stretch, bag holder is such a funny term though, sometimes it takes what some call strong hands to be a bag holder. I'm holding a small bag of Max coins, wonder how many max coins Mr. Keiser has? Id like to ask him why anyone should buy or own Max coins lol

 

[bullhammer]

never any shame in buy, hold, sell when it gets vertical




h/t fontas

looks like we finally got a little pop in LTC! hoping we finally get some higher highs and higher lows

 

[bullhammer]

My comment was more related to the buy and hold types hoping for $600 LTC. I'm sure LTC will still have pumps in its future so I didn't mean to scare you into selling. A lot of people feel Ethereum is the new Litecoin 2.0...which yeah, probably means ETH is not a good buy right now lol.

people holding bags of silver will be rewarded greatly! we are entering a new bull market in metals......IMHO