Just getting started...it looks as though LTC plans on leaving BTC behind while it still decides what to do with itself...
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This 30Min shows a more detailed view...
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RSI and MACD looking healthy...
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Last night LTC move sideways, sliding down to 212 even, and outside of my plotted projection for the beginning of wave 3...this early morning bump does look like it can be the beginning of wave 3, but it is having a lot of push back at 224.
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A closer look on the 45Min gives a better look at the base of wave 3.
Still waiting on LTC to breakout, looks like she's flagging and ready to move higher.
Was good to meet you at the conference! Looking forward to seeing more of your charts!
Did you get to hear TRIG / Blocksafe Team speak on Saturday? That is why I went to the conference. It's a small coin but I believe they have huge potential, as they have been sponsoring talks of the government Defense Stategies Institute, a forum for members of the Department of Defense.
BTCookieMonster
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@MidasTouchTrading, yeah BTC is holding it back but those prices will play out. I thought the Blocksafe presentation was the only good thing...honestly it felt like Scam Con...
brett701
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@MidasTouchTrading, Get used to LTC moving sideways. Look at almost every single consolidation LTC has after it breaks out. Almost everytime it just moves sideways and sinks for a LONG Time until it explodes. So if you get in at a good time that is great. I might have a Buy order set at a certain break out level so that i don't keep bleeding when im in LTC
MicDrop5
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With Litepay and a fork coming in the next few weeks, it's staggering to me that it's still this undervalued.
BTCookieMonster
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@magoman, it is for sure, but that was due to it following BTC like it's shadow...now that it has broken out of BTCs pull I think we will definitely see this play out. People on FIAT exchanges seem to be getting tired of waiting for BTC to get her act together.
MrNarmerkTheSacredGeometer
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Will it out perform BTC?
BTCookieMonster
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@MrNarmerk, in the short time I believe so...BTC is in a major wave 4, while even $1 profit from LTC is better atm
Was good to meet you at the conference! Looking forward to seeing more of your charts!
Did you get to hear TRIG / Blocksafe Team speak on Saturday? That is why I went to the conference. It's a small coin but I believe they have huge potential, as they have been sponsoring talks of the government Defense Stategies Institute, a forum for members of the Department of Defense.