BTC and LTC seem to be acting differently in terms of Volume. I believe BTC is too expensive and not attractive to buyers and sellers. LTC and even VTC seem to be taking over for now. LTC should reach in the thousands at this rate because of its attractive price points.
The yellow arrows are pointing out a pattern in which history has repeated itself however the last weeks major decline let into a 30's low. This is a smaller sideways decline in which I believe is why we should be near the bottom at around 45. (for now)
The Red Arrows are pointing to the short dips
The Green arrows are pointing at the short rally
If LTC gets into the 30s I will update the chart but at this moment I see the big dump of September 21, 2017 nearly over. I am a whale investor and I have been investing for a very long time. I have purchased at exactly 45.5 which I felt was a good place to purchase this. I see this rebounding a lot and it could be 60 until it comes a bit down again. This is short term so i'll have to calculate the next move.
(Oh and please give me reputation points. I can't get into the public chat without 50. If you enjoyed this hit the thumbs up it will help me out a lot)
@malachor, This is a major factor in times are attraction. I believe LTC has more power and if BTC doesn't get going it's a bubble waiting to pop. VTC has a great chance in my opinion and should align with LTC in the coming months. I agree with you.
Dalesones
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@CryptoFortune, I completely agree .. LTC and VTC for more opportunities. I nearly doubled my position in VTC today.
CryptoFortune
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@Dalesones, Same! Caught it last night before the big take off. What a great ride! I think LTC has a new floor level if nothing goes higher.
CryptoFortune
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@malachor, They just did an atomic swap and its converted successfully
Valdar
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But, LTC founder is always pro BTC, and seems like for LTC (silver) to prosper there has to be BTC (gold)..it just seems like for every praise Charlie Lee gives his own LTC he's also praising and hoping for BTC future growth.
xmaenx
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LTC is a scam coin , and charlie is a scam .. I knew the end is near when this coin reached 90$ (WTF)
UnknownUnicorn1062321
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@xmaenx, Everyone investing ignores stupid people like you.
xmaenx
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@Jorgea.Nino, Well, it looks like you are not ignoring.. Stupid
NicholasDickey
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@xmaenx, They said Marijuana wasn't worth either.... LOL