We are witneseeing longer term long position inventory liquidations by the holders who opened at or around August 18. Based on the move away from fair value that LTC is displaying and the weakness manifested in BTCUSD as well, I conclude that this pair will take a beating and reach new lows. My forecast is a halving of the previous accepted value, so targetting...
Divergenza del momentum dal 28/08/2014 andare cauti
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,...
I'm making no predictions here; I just found this interesting. (LTCUSD in red for comparison)