Browse Stacks: Trading Instruments: Currencies: IMG_9735.PNG

IMG_9735.PNG

Possible opportunuty in bitcoin, shorting litecoin

Comments

ZeroPointMind - ϕZeroPointMind - ϕ
Looks like a well formed cup and handle. 7/4/17
WakaWakaWakaWaka
To me, that means litecoin is going to explode higher while bitcoin just sort of takes it's time. Or I hope so anyway, if bitcoin takes a dump, it's going to hurt. 7/4/17
The DirectorThe Director
Could be that's correct. It's definitely at an extreme. I am by no means more than a padawan. Wonder what TK thinks 7/4/17
ZeroPointMind - ϕZeroPointMind - ϕ
http://slopeofhope.com/wp-content/uploads/2017/01/0104-bitcoin. png 7/4/17
The DirectorThe Director
Cup with handle analog. I see-  
 
The pattern is even more striking now if you shrink down the chart. 7/4/17
The DirectorThe Director
Anyway, this is a pairs chart not a single stock chart too. The cup with handle is pretty durn strong though. 7/4/17
HikerHiker
what instrument are y'all using to trade Litecoin? 7/4/17
The DirectorThe Director
GDAX is a us based exchange 7/4/17
The DirectorThe Director
Aka Coinbase 7/4/17
The DirectorThe Director
And now a big drop. The original prediction was correct. Pairs relationships are very strong 7/11/17