thunderpreacher
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LTC forming EXTENDED WEDGE: Rally or Retreat?

COINBASE:LTCUSD   莱特币/美元
413 3 7
We see a potential bullish REVERSE HEAD AND SHOULDERS on BTC             which should translate into other currencies. However there is a load of money on the sidelines moving into LITECOIN from other places and if LTC holds above $40 here and breaks out above $50 it will likely be setting the target for reaching $100 possibly by the 4th of July. Unless some unexpected bearishness takes over this market the stronger sentiment appears to be to the upside.
This is probably one of my favorite charts right now
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Rally! Too much long term hype, too little rise. My guess is whales fueled anticipatory hype for Monday moon announcement to make off with profits from shorts. I read much news and ltc has not reacted same as other top currencies and their rise. Whales definitely manipulating, but the can't stop the rocket from accending. Also still early enough in the crypto game (imo) for sheer positive news hypes to fuel coins to new trading channels. As aug1 approaches I would be more hesitant... Ride ltc long for now.
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thank you bro, i read yours all, nice and good, happy trades
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