Everyone seems to be making insane long prediction with the break of this triangle. So I submit this, looks awesome right? Disclaimer: I'm now net short LTC and ETH.
Over the past few weeks we've seen buyers only hold on long enough to turn a quick profit or quickly panic sell as it dips again. All the euphoria and pent up demand has left. Only sellers remain. Every bounce seems to be weaker than the last, only to be met with emboldened short sellers. Staying long in this market no longer makes sense. What are you hoping for?...