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This is the third significant correction for Litecoin. There's no need to panic as we're still in its upward channel. If anything, this might suggest that we've been through its worst. We might continue to correct in the further days, but above all, it's a trend and we're still going strong until the following lift off.
Call me crazy. And delusional. But hell, it's fun to see.
We're looking at the weekly chart in *log* form for Bitcoin. Noticed a sling shot effect. That's what they call it, right? Eh, can't remember, anyway. . . The peak trending lines for BTC deliver this sling shot. Even though we're in a bear market, do notice for long term, we're still going up. But if...
I'm a simple guy. . but I think a lot. I try not to make complex looking charts. I just try to see the trending lines and deliver that opinion based on what goes up or what goes down. I'm by no means a pro at this-- at least, yet-- as I started back in early December, but I'm learning and I'd like to think that I know more than when I started. In December,...
