btc fees are up. people are mad waiting 10 days for tx. everyone wants btc lower. once it gets there, those same people won't buy. as always expecting profits in ltc/btc ratio in the upcoming months. fair bullish divergence. same old. if you enter shitcoins rather exit too early than too late. a bit risky trade because IT'S DANGEROUS TO SELL BTC. REMEMBER THIS!
short term sell or sideways move on btc might be coming. in the meantime some alts could bring profits - some of them may be xmr and ltc. xmr had a good rise when pattern shown in the idea appeared, only in case the pattern is valid.
From what we can see, we had PPO bull div on 3D - 3 times in BTC history according to BITSTAMP:BTCUSD. The first two times it occurred we had a price increase of 61% and 67% approximately.
Price increase is calculated from the closing price of the candle when the bullish PPO divergence occurred until the nearest higher high.
Let's see if it can happen...