@mwilson87, its a bit crude my lower trendlines could be adjusted but you get the gist
mwilson87
⋅
I'm seeing the same thing but on the daily/weekly scale...classic wycoff accumulation. Its easy to be discouraged when ltc is only up 400ish% from corona dump and has been in a multi year downtrend vs btc while link and eth for example are both up over 1000%...however, based off history ltc likes to make up its gains all at once when every least expects it and has given up.
princewizard
⋅
I appreciate your enthusiasm :P I really hope it does break out but it seems to be keeping its price inline with btc ie the more btc moves up the more ltc/btc goes down and ltc /usd goes up and unfortunately it seems like its been riding that wave for a while. I have been holding ltc coins for many years now, I hope it dosent just keep driving lower and lower vs btc. Is there any good news for ltc upcomming cause it needs something to pump it a bit
GLOWBOI
⋅
@princewizard, patience dude. These rectangles are very bullish. Give it a couple weeks. Your lack of enthusiasm is bullish. Remember, be greedy when others are fearful. We got this. God bless
Simple,
princewizard
⋅
@simplerea, They been in the bag and are staying like that we shall see - God bless