Looking for a big breakout from LTC. During this recent BTC rally LTC has been held down pretty tight on ok coin (see ok coin LTC 3 day chart).
I am not expecting BTC to go down. I expect LTC to breakout while BTC consolidates before the next push.
Comments are welcome.
284 should be the 618 resistance from november pump of $450. Looks like we are gonna break it now, or tonight after the new 1 day candles come out.
Shorters have been getting slaughtered. Scary to sell right now. Holding tight.
I am trying a new charting technique tonight with bands. When DRL moved up the other day I thought it could go to 15. Now the volume has stalled. I am thinking we will get one last big dip to break the 618 before bouncing.