Low Pro

(W) LTC - Oversold & Bullish Divergence, but....

BTCE:LTCBTC   Litecoin / Bitcoin
429 2

If I were just trading on the Indicators I'd say to go all in right now, but the lack of selloff compared to the other patterns (75% drops) and the failure to make substantial new highs has me worried for the long term value of LTC to BTC .

Could break out soon... But there might be a big sellout first.
This should be a breakout momentum buy, let the large holders get the party started and momentum will follow. Market makers can lead this one.
More people are aware of the cycle so they are not selling their LTC at this point in the cycle of the bubble.
+1 Reply
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