no idea of maybe a consolidation or testing of supports before moving on? I will reenteer on a major support here.. if there is one.. For me risk is a bit too high now. Well... whats is not risky in the cryptoland? :D
tahir.butt.87
⋅
This is awesome tech analysis... however, I believe fundimental is also necessary. Litecoin hard fork is on Sunday where LCC is giving away 10x1 for LTC.. could be the cause of rally ?
lilgeegee
⋅
@tahir.butt.87, a huge sell off when people finally realize litecoin cash is a scam
tahir.butt.87
⋅
@lilgeegee, haha in an attempt to stay neutral I won’t comment on the letimacy of LLC .. but I do agree that Sunday may see a sell off.. would be interesting to see where the support forms..
LanaFL
⋅
IMO no reason to chart LTC, because of BTC drugs it whatever direction it goes.
watti
⋅
@LanaFL, Look at ltc/btc chart, that is not correct
LanaFL
⋅
@watti, oh really?) It is correct. Just LTC full of FOMOs and they taking every little move of BTC at the 1-minute chart as a beginning of the rally. That's why it's copying BTC but overreacting terribly
watti
⋅
@LanaFL, Yes really, well LTC aims out to be a upgrade/sidechane to btc. But that does not hide the fact that it outpreformed BTC by 100% last 2 month