peakindicator

Partners confused , partners moldy , U trading or holding?

Long
BITFINEX:BTCUSD   Bitcoin
Hey hey guys. I've been hiding since my last bad call, lol. But not much to talk about since I've been HODLing the entire time. Made a little extra coin swing trading before my last entry to LTC at 164. I'm posting the BTC chart because it's what I examine first and the driver of it's little bro LTC. I can't bring my self to sell lower. It's just too risky and I'm in for the long term value. How much do you think LTC will be worth 1-3 years from now? I feel the whales were trying to bring the market down to see how solid the footing is. Guess what, it's solid A F. Traders flip flopping like pancakes and most have thrown TA completely out the window at this point. Very hard to throw TA on this market with these crazy swings. In my opinion this is still part of the shakeout. We could most likely have a small swing down to the 8550 to 8400 area, but I'd like to point out this what the market looks like before A CRAZY UNEXPECTED BOOST. I think a lot of people are jumping on the HODL train with me which makes the market that much harder to manipulate.. I'm happy with my amount of coins and will stay put until I see a SAFE, predictable market to trade OR an inevitable drop to 6k. I, personally think we have to go up before we go down! Good luck! Happy trading and/or HODLing ;)

(disclaimer - this is not financial advice)
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