Bitcpd027

BTC LTC has been in a sideways channel since April. Bouncy

BITFINEX:LTCBTC   라이트코인 / 비트코인
Well, As BTC and LTC figure out their place in the world, the trading pair between them has stayed to a sideways channel. While this last smaller bounce did not make it to the top of the channel, it is so far staying in this pattern. I am looking for a bounce at the support of the bottom of the channel. As BTC and LTC figure their price out, Accumilation of BTC/LTC is becoming more stable as they two seem to be going through this sideways pattern and not jumping up or down. I will be watching for it to break down out of channel or bounce back up. Truth is, unless some FUD or major market move happens, BTC and LTC are going to most likely stay within this pattern.

Just a an observation and what I will be looking for. Hope this helps. Have fun, Be safe.
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