I think today will not. close under 51,60. Keep a very close eye on the daily closure. The adoption curve is still intact for Litecoin. I am sorry for this update on mobile. Just wanted to share this. Things may go very ugly for LTC if the price violates the curve. Trade safe.
the adoption curve? who on earth actually uses LTC for anything ever??
turgaycubuk
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@prefabsprout, Imagine that you trade BTC at an unregulated exchange such as Bitmex , binance etc. due to their offering superb liquidity. You think that an inevitable price collapse is very near and the signs of the top start showing up. You expect a long term correction. You want to return to your lovely regulated local exchange where your bank account is linked to. The market is still at top but Bitcoin mempool already full mimicking that the water fall may come any time soon. Everybody is rushing to exit to fiat. Which cryptocurrency would you prefer to transfer your money fast and secure to your home exchange?
I prefer Litecoin. An unbreakable PoW blockchain ( I do not trust any non PoW blockchain), decent liquidity at almost every exchange. In maximum 3 minutes you can exit to your local fiat currency. Happy ever after :) Very familiar use case since December 2017.
UnknownUnicorn788630
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Ur very smart I like ur idea ur good trader, most only fear buy now for best returns ever...