DOTTED GREEN WILL BREAK 1ST
YELLOW WILL BREAK NEXT
SOLID RED WILL NOT BREAK
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It should be noted that after the update the green line has shown to be valid
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looks like a breach sell all ltc for a while !
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wow these ltc guys are ver optimisitc, sell !!!
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wow LOOKS like btc and ltc are only correlated on teh way up !
on the way down ltc just waits.
im still SELL no need to take this risk till btc turns around
on the way down ltc just waits.
im still SELL no need to take this risk till btc turns around
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WOW ! ltc's are indestructible where are the arbs , did they all go home after the futures came out ?
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OK the btc chart I made still applies, i did not know that ltc and btc had such a week coloration. So before i head off, i think the drop in bitcoins will slow down possibly to neutral and maybe to buy for the short term. but the thick red line is the line to watch.
Because of this red line. It is just not worth to go long long term on anything if the red line is breached hammer it !
Because of this red line. It is just not worth to go long long term on anything if the red line is breached hammer it !
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dotted green line was breached, now we are eyeing the red top red line and the diagonal yellow line this may form a flag
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nearing the yellow line !
I guess the money in going in to xmr
I guess the money in going in to xmr
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very bearish
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We have come to the yellow line and finding resistance Lets hope the resistance holds we go higher. A break would be bad.
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Yellow line still moving
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( i mean yellow line still holding )
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We have hit both the bold red line and the yellow line lets see how we break out of this wedge
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chart Still holding wait for the break out
As you can see the green line is not properly lined up In the picture.
Untill we have a proper breach of that line we stay long ltc. Once there is a breach We close our ltc position temporarily.