LTC repeating bullish steps, could jump once more before newyear

BTCE:LTCUSD   Litecoin / U.S. Dollar
113 4
many projecting one more bull rally, this is how I would see it happening for LTC. In fact, LTC could lead the rally again.
It's not a bull rally.. it's a pump.
I'm speaking more to the effective price rising (bullish), than to the fundamentals or sentiment. Of course those are pretty nice pumps. But if price is higher now than week or two ago, that's a good enough reason to have been long.
flibbr ronfkingswanson
$50 -> $15 I wouldn't call bullish. Price going up is because of pumps. It only went $1.5 to $50 because of hype pump by people who missed the btc train.
50->15 only bearish (in other words, short it) if you bought up high. To someone entering near that bottom, this is a perfectly bullish run (e.g. - go long). Don't confuse a period of profitable trading with a universal judgement on the nature of Litecoin itself. You're confusing the two just on the semantics of the word "bullish"
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out