BTC and LTC seem to be acting differently in terms of Volume. I believe BTC is too expensive and not attractive to buyers and sellers. LTC and even VTC seem to be taking over for now. LTC should reach in the thousands at this rate because of its attractive price points.
The yellow arrows are pointing out a pattern in which history has repeated itself however the last weeks major decline let into a 30's low. This is a smaller sideways decline in which I believe is why we should be near the bottom at around 45. (for now)
The Red Arrows are pointing to the short dips
The Green arrows are pointing at the short rally
If LTC gets into the 30s I will update the chart but at this moment I see the big dump of September 21, 2017 nearly over. I am a whale investor and I have been investing for a very long time. I have purchased at exactly 45.5 which I felt was a good place to purchase this. I see this rebounding a lot and it could be 60 until it comes a bit down again. This is short term so i'll have to calculate the next move.
(Oh and please give me reputation points. I can't get into the public chat without 50. If you enjoyed this hit the thumbs up it will help me out a lot)
Thank you and happy trading!
The yellow arrows are pointing out a pattern in which history has repeated itself however the last weeks major decline let into a 30's low. This is a smaller sideways decline in which I believe is why we should be near the bottom at around 45. (for now)
The Red Arrows are pointing to the short dips
The Green arrows are pointing at the short rally
If LTC gets into the 30s I will update the chart but at this moment I see the big dump of September 21, 2017 nearly over. I am a whale investor and I have been investing for a very long time. I have purchased at exactly 45.5 which I felt was a good place to purchase this. I see this rebounding a lot and it could be 60 until it comes a bit down again. This is short term so i'll have to calculate the next move.
(Oh and please give me reputation points. I can't get into the public chat without 50. If you enjoyed this hit the thumbs up it will help me out a lot)
Thank you and happy trading!
Trade active:
So far this chart will do