LTCBTC: All markets falling yet one stands.

16 Jul 2017

To my eyes this is raw power, to stands it's ground in the face of multiple falling markets and to shrug it all off so easily should be as clear and straightforward a signal of intent as you'll ever get in this business. People seem to be watching the LTCUSD charts instead which is pointless imo, of course LTC USD price will erode via BTCUSD...but LTCBTC is the ratio that defines the relationship and it stands tall as clear as day.

This is it, as clean and clear as it will ever be. Accept your one true market. A signal this strong, this clear, in the face of BTC's uncertainty is literally screaming for your attention.

Also, other fundamentals that scream for your attention:

Bitcoin, Litecoin Avg. Transaction Value - Twice the USD value is being transmitted over the average LTC on chain transaction.
bitinfocharts.com/comparison/transactionvalue-btc-ltc.html

Market to Transaction Value - The lower the MTV the more on chain tx to price meaning you have something potentially undervalued.

Currency MTV (28d avg.) Marketcap in USD (28d avg.) On-chain tx volume in USD (28d avg.)
BTC 9.06 41,737,249,457 4,818,681,835
LTC 4.39 2,287,090,401 674,796,401
ETH 6.34 20,858,595,857 3,638,524,673

coinmetrics.io/mtv/

I've never seen something so clearly, should I be wrong there better be a worthy lesson out of it all. Good luck out there, it's a bear pit ;)

Also, check out this ascending trendline....

16 Jul 2017

Catatan

Just to share another chart I'm watching on this pair, it speaks for itself:

i.imgur.com/S4QvEjs.png

16 Jul 2017

Catatan

0.02BTC There we go ;)

16 Jul 2017

Catatan

Go chicken goOoooOOoOOOOOOoooOooOOOoo!
Go chicken goOoooOOoOOOOOOoooOooOOOoo!
Now go, now fly
You own the sky
ahhhh oooo
ahhhh oooooooo