Closed my long at upper bband limit, will try to enter the lower one (if possible)

ALTs correlation with BTC has got a bit weird, so I give emphasis first in the specific coin's chart (with of course always having in mind what btc does).

I would say that in the latest ALT party, XMR was an underperformer, I was expecting a new ATH to be honest.

No idea who suppresses it or why (botnet? whales? both?) but IMO it is one of the few good bets for ALTs now (because not ridiculously overbought combined with strong fundamentals).

So this might be the beginning of a mega bull run or just a dead cat, we shall see soon (but so far it seems it was a good advise yesterday).

Glad to see around Klee.

So basically XMR might shadow growth of bitcoin? Is that correct? BTC just bounced today significantly.

Now, I am noticing, that unlike many other alts, XMR wasnt really all that pumped to begin with... I am sure sharks know about this aswell. This could be big, if you are correct, sir.

There is no good fundamental reason why Monero should have lower cap than litecoin.

I did, thank you. Still waiting for those $50 litecoins though

¯\_ツ_/¯

Regarding Bitcoin, this is the only TA you need:

https://www.tradingview.com/chart/BTCUSD/6yLOE8vM-Chaotic-Attractor-Projection-Model-BTC-USD-Bitstamp/

Via our friend macsga

And because BTC will rekt alts 

Rofl, because of a 5s 1 thread processing time ? 

Everyone can trade with hindsight, but actually going long at .004 and below was a very, very risky proposition due to LTCBTC being in a bear market. What guarantees would one have that the price wouldn't simply go to .002 (I don't count polo's lack of liquidity low as valid, so, for me, 0.003 is the bottom). Your assessment sounds similar to someone claiming "time to go long on BTC was at $200", which is definitely true. But it was a good moment to go long at $400, $600, $800 and even $1000. Basically, it's been a good moment to long in the past year and a half.

Anyway, you didn't answer my specific question and the only thing I was interested in, which was a second opinion on the market, based on charting and interpreting PnF, at which I'm very much a novice.

Thanks for your time and other input, highly appreciate it.

Huh? I thought price rises exactly for that reason, that whales have accumulated and need to take it (trading) considerably higher in order to sell at a profit?
How do you know their take profit price?

I've been heavily long since .004, scalping the last few waves with more or less success; I feel like I'm still on the right side of the market, just wanted a second opinion from a different perspective of TA.
We are talking about risk management here, not TA. Consider if you would invest at 0.01 what you invested at 0.004.

Can you give me one, excluding your (unjustified) bearish bias?
Same as above. After all where did I say it is bearish? I would have to define the timeframe first, even if I had mentioned trend (very long term bull, long term bear,
medium term bear. Trends change in seconds in non liquid markets, especially when the distribution is so ugly like in LTC.

What do you think about the potential bullish catapult on both ltcusd (on a break of $12.1) and ltcbtc (on a break of .001)? Is it something you're interested in trading?

WRT LTC, any reason you would think 3 layers of hard support would not hold?