Quick analysis. I bought at the bottom in order to transfer some funds back to usd, but I guess I will wait it out now to see if I can make some more gains on my payroll. #dontforgettopayyourself
Comment
⋅
Getting to that point. I'm not too convinced it will break out yet, need to see a pullback from the CTL and a failure to make a new low. Unless of course there is some unexpected news release that could spike it up, like we saw with XMRBTC last night.
I would love to see LTC around 140-180 USD and/or 0.018-0.02 BTC (depending on BTC price) and I will keep it. It is steady so far and I am waiting for the next jump.
limitlessmonkey
⋅
Dont you see a tea-cup formation between May and July? does that shoow something?
pAulseperformance
⋅
@limitlessmonkey, I see a failed tea-cup formation, but I don't trade those. Hard to tell where LTC is going short term right now, hence why I put arrows for both ways. I need more price action to add a position. Right now, I am just using it for transfers between exchanges because it is quickest.