Litecoin Tonight And Tomorrow

16 ביוני 2019

What I will be basing my trading on in the short term. Out at 140 and waiting for rentry to ride after BTC settles down, which should time with this chart give or take (leaning towards take) up to 8 hours, allowing for some ranging around 138.

16 ביוני 2019

הערה

Going as planned so far. This is still roughly 75% of happening.

BTC is a big influence on LTC. What happens from here depends a bit on its movement.

- If BTC ranges - This plays out 1:1 with only time scale adjustment possible.
- If BTC runs - This plays out but timetable goes out.
- If BTC corrects below 8750 this is off.

To comment on BTC and the chances of the above, more running seems crazy but possible. A correction is what should happen. Ranging is possible if only because its boring and BTC ranges when I want action (sarcasm of course).

BTC is very up in the air these days as you know and why I switched to LTC. LTC is now more predictable while keeping a finger on the pulse of BTC.

17 ביוני 2019

הפקודה בוטלה

17 ביוני 2019

הערה

Cancelled. Uncertainty has LTC ranging and there is more at stake now than an LTC scalp. Testing the the non-linear regression curve median line. While it's almost certain BTC dumps from here the week or less decides where we go and the next bull run end point. Although peaking within a halving would be unprecedented.

In other words, down for BTC most likely for the next few weeks so Id rather be flat. Ill still be watching LTC closely.