I just want to share some thoughts on this chart, as the title indicates.
It is remarkable when, compared to previous volatility, LTCBTC has stayed in this close range for quite some time. It fell below my support line recently, but I expect it to climb back up into that range as we are getting closer to my rising support line. That said, wow. I have learned a lot in this bear market.
LTCBTC could have another big break if it gets above any of these lines. I expect higher volatility in this pair will continue as bears leave and bulls come back in with their unpredictable moon pumps. But such low volume recently. More volume will allow LTC to get closer to my goal of .25, a VERY long term goal I still see as achievable.
It is remarkable when, compared to previous volatility, LTCBTC has stayed in this close range for quite some time. It fell below my support line recently, but I expect it to climb back up into that range as we are getting closer to my rising support line. That said, wow. I have learned a lot in this bear market.
LTCBTC could have another big break if it gets above any of these lines. I expect higher volatility in this pair will continue as bears leave and bulls come back in with their unpredictable moon pumps. But such low volume recently. More volume will allow LTC to get closer to my goal of .25, a VERY long term goal I still see as achievable.