This analysis is based on a multi market analysis of Coinmarketcap.com, BTC , ETH, NEO, XLM , LSK, and more using tricks picked up from 30 years of of markets and years of managing tens of millions of dollars as a top ten ranked series3 licensed former Commodity Trading Advisor. I only tell you all of this because there are too many new and inexperienced traders and market analysts giving bad trading advice to other newbies. I want to save you some of the pain I went through over the years. I learned the hard way.
So in your opinion, do you think we will finally break the bear market after bouncing off feb 6th bottom (around 100)? Is that a good place to place buy orders? or should we be patient as the probability of LTC dropping even further is not far fetched? What should be a safe buy target?
Keep up the good work and please keep on posting Crypto TAs.
Humans do not always behave rationally, so markets like BTC can go down when the fundamentals are good, or go up when the fundamentals are bad, but humans do react in predictable patterns, which is what a good technical analyst can use to forecast future prices with a high probability. @isaac392,