Outstanding work LTC shillers
"What is a 'Hanging Man'
A hanging man is a bearish candlestick pattern that forms at the end of an uptrend. It is created when there is a significant sell-off near the market open, but buyers are able to push this stock back up so that it closes at or near the opening price. Generally, the large sell-off is seen as an early indication that the bulls (buyers) are losing control and demand for the asset is waning"
PSA - don't get attached to coins. literally sell and buy again
>sell low buy high
>>2744797
I predict LTC will go up. BTC ain't going anywhere but right now it's transaction times are a mess so people need a temporary coin to suffice for a time so business can continue on.
Bitcoin is gold and litecoin will be silver for at least a little while.
Those are 5 min candles... That doesn't mean shit.
LTC is riding a clear upward channel.
I wan't it to go down, too (45.5 is my target). But trying to trick newfags on /biz/ isn't going to anything, but fuck up some newb's day.
>>2744797
you cant look at these tiny ass time frames and be concerned about them when there is a MUCH larger pattern at work
litecoin has the biggest fucking cup and handle, some shit 5 minute candle stick is not going to out weight an entire chart
when you use low time candle sticks, you only predict price action for a low period of time. Not rocket science.
weekends have been dips the past 3 weeks now. Litecoin will bounce during the week.
for a purely speculative asset with no current or future use this is expected. trade the pumps and dumps if it helps you get more dollars / bitcoin / ethereum, but dont think most coins like it arent trending to zero at least against bitcoin.