I pretty much hate LTC for a multitude of reasons. Mostly that it likes to do 10-30% moves in under 1hr and then full retrace. Just garbage. But the lure of the mega pumps draws people in. it is so range bound after coming out of a bear slide that horizontal levels are the way to go right now.
LTCBTC looks like its ready to base its support on .02800 before an additional spike above and beyond .03400
Friends, Here is an equal-weigh composite view of LTCBTC, expressed as the average of the BTCe and BitFinex exchanges. The interest here is to decipher internal strength of both exchanges against the $BTCUSD. PREDICTIVE ANALYSIS & FORECASTING: Predictive/forecasting model defined the following bearish targets: 1 - TG-Lo - 0.00291 - 10 JAN 2015 and 2 -...
* * * LTCBTC / BitFinex * * * Friends, Please, refer to this chart as a reference to the composite $LTCBTC coming up shortly - Please, only post comments on the upcoming composite chart, although thumbs up are appreciated anywhere. Very much appreciating your readership and support, David Alcindor Predictive Analysis & Forecasting Denver, Colorado -...
LTC chart on tradingview is a too new to be able to show a better history of it's performance compared to BTC. If you go to bitcoinwisdom.com you can draw your own lines and see that LTC/USD has broken out of the decending triangle bear. Yet LTC/BTC-e chart shows that it's still in a decending triangle. Has the market, that usually follows BTC's up and downs,...