I admire Charlie Lee and I think Litecoin LTC has tremendous value. The value of the asset lies in its secure network, liquid market and relationship with Bitcoin. LTC is listed on more exchanges than Ethereum ETH while being supported by over nine payment processors.
However my trade is not based on speculative asset value in this irrational, volatile and manipulated market. LTC market indicators have shifted
and historical behavior implies we could see swift capitalization directly from LTCs long term Point of Control POC (price point at which most trade volume takes place).
Current POC is valid when looking at LTCUSDT over 3,6,9, 12 & 15 month timeframes.