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carden22
Feb 9, 2018 6:20 PM

LTC weekend pattern 

Litecoin / DollarBitfinex

Description

I am a beginner to say the least, and I don't have a finance background or know much about the analysis that is shared. What I do know is that every Fri and Sat, Litecoin goes up to the high for the week, and is typically its lowest on Mon and Tues. My prediction based on what's happening again this week and today is this will hit $175 and start dropping 2-4am Saturday night. There have been exceptions in the past 3-4 months, but in my humble opinion a regular pattern.

Comment

I didn't factor in the potential for social media to influence price like Litepay and Microsoft endorsing Litecoin into my weekend pattern...both of which happened. I'm not upset by it, just missed out on a $50 upswing.
Comments
GazMema
i'm doing a research on time of the day, i have seen market is up at a particular time and down later.. nice
carden22
@GazMema, between 10pm and 2am are the consistent peak prices. It’s rising good at the moment, and my expectation are it will ne higher tomorrow...maybe 180 before dropping significantly Sunday and Monday. If the pattern holds.
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