As we often know: BTC goes up LTC goes down. The 1D chart for LTC looks terrible we are having a double top with higher highs and lower RSI so we are probably going down this time... But wait a moment, wouldn't this be perfect ? Lets have the dip now so we can start going from BTC to LTC before the upcoming fork. BTC would probably be super unstable at the end of the month and august. So would you really want to hold BTC? many would probably not and would be looking for alts to go to, LTC has already implemented a segwit and have been around for a long time so would probably be a good choice for many and could cause a quite good pump.
If you guys want me to update the post. please give a like and comment if any questions
Look for bounce or dump with the trend line at 0.01925
valueerror
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the only problem i have with this thought is that there will most likely be a point where a critical mass decides that the btc softfork went well (or is going to happen without problems) and they will buy into BTC again.. probably even before the event in anticipation of the outcome... highly speculative .. all of this...
TedyTrading
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@valueerror, I would agree with you, there will be a switch back to BTC. But if we have a chain split we need to choose whats the "best" BTC, everything will be speculative and I wouldn't go into any position if i couldn't stay in front of the computer all day every day by the end av this month.
valueerror
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@TedyTrading, i totally agree.. i'm just thinking that there is probably another alt coin that is safer...