LTC could outperform Bitcoin this year if history repeats itself and we are currently at an area where it's easy to manage risk.
I've been looking at this chart for quite a while now and finally decided to pull the trigger today. It honestly looked even better mid-Februay when we had more help on oscillators but argument for bullish divergence and falling wedge is still there and it's hard to pass on something with so obvious seasonality painted all over the chart, especially when it's near all time lows.
Most importantly though I think fundamentals on LTC are getting stronger and with news lined up starting later this month it just might get the push it needs to break out.
I've been looking at this chart for quite a while now and finally decided to pull the trigger today. It honestly looked even better mid-Februay when we had more help on oscillators but argument for bullish divergence and falling wedge is still there and it's hard to pass on something with so obvious seasonality painted all over the chart, especially when it's near all time lows.
Most importantly though I think fundamentals on LTC are getting stronger and with news lined up starting later this month it just might get the push it needs to break out.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.