justsomeguy

justsomeguy Updated 

Here are some resistance points for those interested. This is less of advice when to buy or sell, and more a reminder of the points we should be looking at. $53.30 This is the bottom of the triangle that's held for the past 1.5 months. Dipping below it for a bit is fine, but if we have a sustained breakout this signals potential problems to come. $50.30 ...

justsomeguy

Everyone seems to be freaking out about how LTC isn't rising in parity with BTC. Quite frankly? If you're interested in fiat value then that concern massively premature. This is the triangle I drew 6 days ago. Looks like we're still within the expected bounds. LTC may drop again -- potentially all the way down to 52.80 -- but if it does then it'll come back...

justsomeguy Updated 

I can't tell you if LTC is about to go up. Almost no one can. But what I can mention are some resistance points to pay attention to. If we break these points, and hold above them, then things will start to look up. Keep in mind my position is long. This will be less useful for day traders. Points to watch: $50.00: If it dips and holds below $50 then we may...

justsomeguy Updated 

I can't tell you if LTC is about to go up. Almost no one can. But what I can mention are some resistance points to pay attention to. If we break these points, and hold above them, then things will start to look up. Keep in mind my position is long. This will be less useful for day traders. Points to watch: $50.00: If it dips and holds below $50 then we may...