Hey guys, been a long time still HODLing strong. Looks like finally have a reversal. Finally got some alts back in my bag, managed to get ADA at 19c and ENJ at 11c and got a tiny bit more LTC at 116. Anyway to the charts... BTC crossed my black bottom line at nearly the exact same time my alt hit target price. This looks like a perfect storm for another boost. We hit the bottom of the 4 hour RSI twice within the last few weeks, looking entirely oversold and ready for a reversal. I expect to go sideways for a few days then see a boost somewhere in my yellow circle. If the black line entirely fails this whole theory goes out the window. I have to say I'm down 25% on LTC from HODLing but I'm feel very secure in my LONG TERM position. In the bearish scenario we have another very strong support around 6500, so I'm not too worried even if that were to happen. It's just money, there's always more to be made, depending on how hard you are willing to work. They accuse me of catching falling knives but somebody has to do it.
(disclaimer - this is not financial advice)
(disclaimer - this is not financial advice)