MarkStPeter

LTC/BTC - BB Squeeze—-Pressure is Building.

Lång
BITFINEX:LTCBTC   Litecoin / Bitcoin
Hello Traders,

Questions will be answered this week for LTC/BTC.

We have some major pressure building between the squeeze we’re seeing on the chart.

Looking at previous BB Squeezes, we can see it was a matter of time before it finally broke to the upside.

I want to believe that the MimbleWimble release will be the catalyst to send LTC to the moon. But from my experience, a coin will usually see the effects of news releases in the weeks and days before, so if it hasn’t gone off yet, then it may not provide the effect that we were hoping for.

But depending on how well BTC continues to perform this week, will be a good determining factor of how LTC will finish this week and start next week.

For now, I am still holding and I will continue to hold until the market tells me other wise.

Good luck!

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.