jamiecassels

I just said I don't like alts. I lied. I <3 Litecoin. LONGLTC

POLONIEX:LTCBTC   Litecoin / Bitcoin
Ethereum doesn't look like LTC. I think LTC is the big winner out of today. This is because it no longer has B2X or whatever to deal with as arbitrage for BTC and ETH kinda shot itself in the foot with the wallet malfunction locking up millions of dollars. Now that the 2X event isn't happening, I think I'm going to dip my toes in LTC. I was going to do this before the fork, it just happened sooner than I thought and caught me off guard. However, I think this is a good "swing" entry as I believe LTC will find more favorable trading environment now.

Technical point : RSI and Stoch are flagging and I think a breakout here is going to be big.

Counterpoint : We are below major .01 support and that favors more downside.

GL
12 hr doji says you should wait to buy ltc/usd
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Thanks !
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