LTCBTC - TG-1 and TG-High - "Access Denied"

BTCE:LTCBTC   Litecoin / Bitcoin
90 7 1
Recent targets are officialy negated by recent reversal. Market for this relative strength chart expression of Litecoin vs. Bitcoin             has turned from bullish to neutral with a bearish directional bias (i.e.: lacks the reversal confirmation signals in our system for the time being).

David Alcindor | 4xQuad.com
David Alcindor
Alias: 4xForecaster

FREE Strategies:
- http://bit.ly/4xForecaster-FreeLessons

CROW Signal Service:
- http://www.MarketPredictiveAnalysis.com

RECENT Results:
- bit.ly/4xForecaster-Hits
For this LTC/BTC Ratio to go up... LTC must rise alot faster then BTC.. but why would it.. when it has nothing other than is just a coin... Nope. The only thing LTC/BTC does is go down. Down down down to hell.
lol except for when it goes up - which is precisely what sets it up to be *able* to go down, down, down
flibbr ronfkingswanson
It's only gone up twice.
1) When everyone though LTC was going on Gox on A date... went up to 0.036
2) When Chinese implemented it and noob money flowed in, looked at historical ltc/btc rate and thought it should be bought up.
All other times.. it goes down.
no reason to trash this coin over and over... your views on LTC have been made clear. BTC can handle competition.
some of us appreciate insightful analysis, regardless of the pairing..
flibbr B10ckLanders
I'm not trashing the coin, I'm pointing out that for LTC/BTC to rise, LTC must rise faster than BTC... but why would LTC rise faster when it has no payment process, no merchant support, no ETF's, no neo bee.. and so on.. Thus, any rise is only short term speculation based and BTC will win. Poor mans btc isn't unique enough / enough of an advancement of BTC to make it ever worthwhile.
just an asset moving in price along a timeline.. i try to keep emotion out of my trading.. and yes, i do want BTC to succeed, but if the chart says to dump and short thats what im doing....
flibbr B10ckLanders
wtf ? I wrote this a while ago, it helps explain things better; http://www.reddit.com/r/litecoin/comments/1rsyl2/why_judging_litecoins_price_in_terms_of_ltcbtc_is/
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out