After the correction in the crypto market, I'm seeing weakness on LRC/BTC pair.
Current 4H and Daily are trading, retesting and closing under weekly support. Potentially can go double bottoming soon.
I will no longer try to find the bottom, it's very tricky to find the bottom on a chart that creates new bottoms 😄
Maybe we have to run out of BTC first in order for LTC/BTC pair to start appreciating 🤔
Current 4H and Daily are trading, retesting and closing under weekly support. Potentially can go double bottoming soon.
I will no longer try to find the bottom, it's very tricky to find the bottom on a chart that creates new bottoms 😄
Maybe we have to run out of BTC first in order for LTC/BTC pair to start appreciating 🤔
Comment:
It doesn't mean that LTC against usd will go down. Most likely will go up, but BTC will dominate alts in the near future, except for dogecoin
Comment:
I will update once the current weekly candle closes on this pair in around 4 days.