Tera,
What do you think of the LTC chart? I'd sincerely like to hear your opinion, and if you think it differs from BTC in recent weeks.
Best,
Nick
Dont mean to butt in here, but Im following LTC closely.
..... obviously there was a bubble leading up to the launch on Huobi. fun short trading that.
I doubt that the launch will increase genuine demand significantly, so any recovery from the recent crash will be only a portion of the last bubble, and likely only profit taking because the crowd needs time to re-build trust.
I entered a long position today because the chart is over sold but down momentum is lost. I want to cash out at around $17-18, and short a bunch if it shows any sign of weakness.