LTCBTC setting itself up for price compression until end of March '18. I'm bullish on LTC due to high adoption, so i've added a 50% position and will be adding another 50% if price moves towards the ascending triangle support.
Happy HODLing.
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litepay.us/ release 26th of Feb: buy the rumour, sell the release/news. Will be closing half my position close to ATH
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The bull has awaken.
Breakout of intraday bear channel resistance, through the resistance of the rising wedge and the longer intraday resistance around 0.21X. WOW!
I think the only negative at the moment for reaching 0.33 is the volume: it's higher on the 4H, but not at a level where we feel fully confident.
I will be watching volume more closely.
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LTCBTC had nice upside risk. A scam fork LCC is adding volatility, potentially causing LTCBTC to reach the ~0.033 area before the hard fork.
It doesn't really matter anymore that the broken resistance is now support, because of these idiots buying LTC for LCC. I hope they come out on the losing end, what a shit show. No, i don't want wealth at all costs. If i wanted that i'de buy sweatshop products in 3rd world countries and sell them for a high margin in the West.
I'm going to short my balls off once that block is almost mined.
Fucking tools.
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I'm still watching LTCBTC (and LTCUSD) from the sidelines, currently eyeing an entry in LTCUSD around $161 or lower level and also looking at LTCBTC for a potential neckline and right shoulder confirmation around the marked area, before i'll show interest in LTC again.