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mrzobot
Dec 22, 2017 6:49 PM

Here comes the dip? 

Litecoin / United States DollarCoinbase

Description

Bit weird, but looking at some past day, and graph clearly is showing that there is going to be one more dip.
I set my buy at $179.

Thoughts?
Comments
ChelseaTrades
My thoughts are you might want to look into the market cap going up by ~33% in the last 5 hours, and the sell walls that have been used to accumulate LTC for the last 90 minutes :)
mrzobot
@ChelseaTrades, care to elaborate bit more?
ChelseaTrades
@mrzobot, not *too* much to elaborate on to be honest, just go on GDAX and watch the ~500k-2m piles of LTC jumping around at different sell walls with a ton of buying lower in a bit below. It's dipped $20 momentarily, and $10 very quickly multiple times throughout this... looks like pretty textbook use of sell walls to accumulate to me. That combined with ~4m rapidly coming in has definitely peaked my interest... my guess would be if it makes it past $275 there's going to be some real quick movement
grahf4441
@ChelseaTrades, real quick movement upward you think?
j62
@grahf4441, Yes headed back up, brokeout through the downtrend channel on the upside
ChelseaTrades
@grahf4441, yep, you still have time.. 10k LTC~ keeps falling from the sky via sell wall so for now it's still under 300 :) 55%+ market cap increase in 6-7 hours now
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