LTC is doing what it does so very well; be predictable. Patience and long runs are the key to this current Bull run.
It continues to resist new low lows in this current channel. Each Pennant or Tri test shows that it is very Bear resistant. And now, early signs of a topside squeeze in the channel give great hopes that this trend will continue for the next few weeks. We will watch as it get closer to hugging the top and build our squeeze channel. If we can get there; as with our BTC analysis; it should be easy to identify the early signs for a super pump but we are a few weeks away from that.
LTC is a good bet for the forecastable future.
It continues to resist new low lows in this current channel. Each Pennant or Tri test shows that it is very Bear resistant. And now, early signs of a topside squeeze in the channel give great hopes that this trend will continue for the next few weeks. We will watch as it get closer to hugging the top and build our squeeze channel. If we can get there; as with our BTC analysis; it should be easy to identify the early signs for a super pump but we are a few weeks away from that.
LTC is a good bet for the forecastable future.
