i know you said u didnt think LTC was driven by the USD/LTC pairing as much as it was crypto related....
But it held that 38.25% confidence band/fibonacci level since its run up 4 weeks ago and that price is about $38.75 USD
that has been my buyback price when trading these last few weeks and it helped me damn near guess the bottom correctly 2 times!!!
im gonna be stalking the USDT/BTC price all night and try to sell out over $2900 hope for a 'short squeeze' on USDT and buy back some cheap ltc or btc right around the time of the snapshot block. im pretty sure price is gonna dump down about 9% from highs before rebounding to new ATH's within a couple of weeks.
once that cools down and starts going sideways, then im looking at LTC, PIVX, DASH and my longshot is safe exchange coin to make gains on BTC closer to 3rd or 4th week of august.
no real reason LTC is not capable of reaching $400 USD mid-term, i mean look what happened to ETH. still 10x potential there for ltc imho
zero fucks given i def enjoy your posts. lets make tremendous amounts of money together.....lol
I am still wary of how LTC and BTC move together. Whether LTC rallies when BTC falls. I just haven't been around crypto long enough yet to full inderstand each market's personalities.
But both LTC/USD and BTC/USD are up 3% or so on the day, so they aren't totally inversely correlated. Happy days!
$$$$$ :)