Litecoin Head & Shoulders Bottom Forming.

20 апр. 2014 г.

I discovered these 'Head & Shoulders Bottom' patterns while trying to find some direction for the LTC/BTC Trade. The trouble with looking for these patterns from a fiat perspective is fiat's action in the market is a lot like the tide, in that it lifts & drops all ships in the ocean. This effect on an asset that has been experiencing exponential growth in it's fiat value since inception makes many of these chart patterns indiscernible, even in a logarithmic format. Hence why I try to focus on Litecoin's value in Bitcoin.