The magnet is there now folks. The $100 magnet will commence and likely at least make someone pay this on this leg up. I have seen crazier things happen, so I would not be completely surprised if it blew right through it again. (I do not think it does on the first test).
The relative strength from LTC has been present for months and have been highlighted in multiple of my posts over the last 8 weeks. and it has proven once more, relative strength WINS AGAIN. LTC has ripped in 48 hours from 60 to 90+ up over 50%. It is up over 200% this year alone!
This is what a BOTTOM LOOKS LIKE FOLKS! Sure I expect pullbacks, grind sideways, headfakes up...but this is what a bottom looks like. Accumulation phase is heading to a close, Disbelief is in the market believing this is a "Sucker's rally".
STAY LONG and HODL
Hodl !!!
Hey thanks for your info as always. I actually was able to get into action on some LTC early thanks to your post.
When you say "accumulation phase is heading to a close" are you saying that you are slowly holding off on buying crypto for now or are you just saying that for LTC? Also curious about your thoughts on BCH.
FWIW - I'm pretty bullish on BAT as well and have been accumulating some. Think it has the potential to go over its previous highs.
When I saw accumulation is over, I mean that me buying blindly whenever I want is likely over...I will have to be buying pullbacks in crypto from now on
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Yup. Same here. I put in some orders dor Bitcoin around $4,500. I think we may have some short term pull backs from this massive rally. It's going to be a lot of fun going forward.
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