Litecoin
Yesterday, I advised our readers to sell Litecoin CT r: 54 at $3.50, and did Litecoin show a double top by touching $3.80? Those who have followed my advice will be able to close the deal with a profit at $3.40. Most likely, this will happen this week, because now the price is rolling down from $3.60. Congratulations to those who sold their coins today for $3.80. This level is significant as an important achievement of Bitcoin CT r: 8 price of $380, and as the descent from 0.01 ratio between LTC/BTC pair. How deep will the descent be? It was 0.99 LTC/BTC yesterday and 0.95 LTC/BTC today. But why is it happening? It’s simple: Bitcoin is growing, so it becomes more profitable, and Litecoin miners more lickely to switch to Bitcoin as their primary focus. The same situation can be observed with DASH CT r: 76 , where it manifests even stronger. DASH
Even without looking at the DASH chart, you can immediately understand that it’s falling just as Bitcoin was reaching new heights yesterday. I can close my eyes and tell you that it’s plummeting. Eyes open, and indeed – it fell almost 7% on Poloniex, and now the 24-hour minimum price is 0.056. The possibility of margin trading on Poloniex and slowness of some traders and miners, who saw this graph only now they rapidly leads the price further down to 0.05. And this is the level where the most interesting trading begins. Dogecoin
Dogecoin CT r: 63 has a more unique character than other cryptocurrencies , and unlike Litecoin and DASH its price is less dependent on the fluctuations of Bitcoin. Dogecoin did leave the tunnel between 38 and 40 Satoshi, within which it was impossible to trade profitably. But the winds of change […]
