Re: Bitcoin scaling: Looks like all roads lead to LTC

Quote from: iamnotback on April 06, 2017, 11:11:37 AM

Quote from: iamnotback on April 06, 2017, 10:21:03 AM

Please tell me how is LTC not about to have a massive breakout to the upside (or to the downside?) within 6 hours or less?

Odds are better than 50% for a upside breakout but can even be a false downside with a pullback to the upside:

http://thepatternsite.com/st.html

I sold my LTC. It broke down out of the symmetric wedge. Now we have to see if it is a false breakdown with a pullback. Otherwise it is headed back to 0.0075 or below. The market apparently is very doubtful, so maybe we have to pullback and reload.

Most of the case if we saw this pattern (wedge) it does breakout but mostly in forex market it do bullish breakout which means it can possible happen here on LTC but we still cant be assure on which way it would go either bulling or bearish.I have sold my LTC a long time ago and didnt expect that it would happen to increase its price as of these days.