Between COINBASE:BTCUSD and HITBTC:LTCBTC, I must saw I'm more bullish about HITBTC:LTCBTC. I think we can all agree that the lower transaction time and cost make HITBTC:LTCBTC more competitive. Buy-in and sell points for HITBTC:LTCBTC, at least in the mid-term, are indicated by RSI deviation above and below the channel with a rapid increase or decrease in prices directly before. I don't have a buy-in range because it doesn't seem like a good time to buy or sell right now. I will be updating this idea a couple of times a day on this post until we even out or exit our upward-trending channel.
We're right around the middle of our channel here, so I'm holding tight. I'd like to hear your thoughts on HITBTC:LTCBTC! Please comment below, as the more input we see, the more informed we are!
*** This is not a recommendation to buy or sell, this is for educational purposes only! ***
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Long-term holders, we're still within our channel!
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We just saw a nice jump in price, expect a retrace as we're steeply hitting the overbought region