sumastardon

Litecoin: LTCUSD Wait for this to come to you: Next Buy Points

BITSTAMP:LTCUSD   Litecoin / U.S. Dollar
Litecoin: LTCUSD
Not much good to report here...Litecoin is trapped in a falling
wedge and remains vulnerable until it can break above the
\upper dynamic which so far continues to cap all rally a
ttempts - and even if it can manage that it can only rally to
225 and just maybe to the the bigger/stronger falling dynamic
above. It may present an opportunity for longs for day traders
but the for others it's worth waiting some more and letting this
come back you (even if it rallies from here) - it really needs to
wash out the last bulls caught from highe rlevels, some of whom
have not thrown in their towels yet. Want to see this collapse
back to 188 at least and ideally spike down to 173/172 before
looking to buy again here. Worth setting alerts for though.
thanks,try updating us if you can,need to buy tones of LTC
Reply
How is this different to BTC? I'm always wondering how people can think ALT's can move outside the BTC trading pattern without significant news...
+2 Reply
Box1515 silmaril0875
@silmaril0875, they can't - and LTC is even more tethered to BTC than most alts.
+1 Reply
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