LTC is grossly undervalued and bitcoin update

in #bitcoin6 years ago

The news of litecoin I’d like to see LTC detached from BTC that coin is already a $5,000 Coin with that news Alone the only coin that has part ownership in a bank in my opinion LTC is grossly undervalued period we just have old BTC holding us back from moon....
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Now Btc overall update!

TD indicator for the monthly chart.
Dh4z6rUW4AElEKt.jpeg

Have a look on red 5 of 9, which suggest that there are at least 4 more months of downside. During 2014 bear market, it also had a count to 9 before reversal. This implies that targets of $4300 seem modest
Dh5wwOpX0AACIc1.jpeg

Got stopped out of my BTC position overnight.
Due to my good entry, I didn't really lose much, still sucks though.
Can't win them all.
Not longing based on the daily chart until the next weekly candle closes
Dh38uTaU0AAx7L6.jpeg

I often think we are seeing more "bart" style trading patterns on the btc charts. So I compared Jun to Feb of this year.btc is trading in much more "square" formations rather than "peaks"

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that

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LTC is still not adopted by a whole lot of dev team as compared to BTC or ETH. However, it has , from the beginning, the shadow of BTC tech and probably that is the most important factor driving this far. Future looks synergistic to BTC action, in my opinion.

i respect your opinion..it's true it's just beginning

I do believe in LTC but I don’t believe in Charlie Lee.
I think he is becoming delusional 😁

ha ha ha... One of the best delusional

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