CaptBlackBeard

LTC Time to break

Long
BITSTAMP:LTCUSD   Litecoin
Pretty simple visual. LTC has been in accumulation mode in the BTC pairing for a long time. It's current PA looks like many other coins (like ETH) but lagging. Time is an important factor and one of the easiest visuals to apply. Start , End or Start, Middle, End. The channel is also just extending the most common mean (trend) and doubling it in height below. That happened to give us the midline that is right on the mark as well as a lower trend line that as very much valid. You ask for easy and here it is. I am one of the few that is very bullish on LTC. I like that people are writing it off and it has yet to come close to ATH. My research shows major accumulation. I can't tell you when it will flip exactly but I can say that I do not laugh at folks that say it can reach 1k loooong term. I also think it may fly past it's ATH fairly quick. Fundamentally it's at a major discount to BTC, even taking discounting its supply vs demand buy 8ths. Do your own research everyone has their own timeline and profit goals. Patience is always key. Please refrain from telling me LTC is useless. I will buy it cheap every major dip and wait years if I have too.
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