First let me warn again that perhaps you ought to consider selling some LTC now. I see a potential pattern developing that is a major pullback all the way back to 0.0095. But I can't be sure yet until we break down through 0.0113 on the current downwave. Because there are smaller patterns within larger patterns in play, so it becomes difficult to determine which pattern is in play at any given juncture.
really appreciate it. although i would still prefer you working fulltime on bitnet
But i understand, gambling crypto is fun.
I would really need to make video and explain how I relate that repeating pattern at smaller and larger fractal replica scales. Refer to the last chart I posted. I am very sleep deprived and I don't think I can manage to draw a chart right now in my current state. If I am able to make something later (which will be too late for trading this right now), I will PM it to you then you can post in this thread.
@Thenoticer et al, let's just see what comes. I need to be more focused. Hopefully it will work out well for everyone involved!
I have deleted the above post and after getting some sleep, I am reposting with the chart requested by @coinling.
Since that post above was made, some other censorship lolz occurred.
This should be my final post in this thread. I think you guys can handle it on your own from here once you understand the following chart. Note that repeating pattern between the dark blue lines, also repeats at smaller scales within the larger patterns, i.e. the chart is a fractal affine transformation.
I am excited to help all of you make gains in LTC, so hopefully you can invest some of your profits in Bitnet in the future.
The following chart should be mostly self explanatory. Pay special attention to the purple line which is apparently has been the bottom for the prior two instances of the replica pattern that we are now in. The prior instance was on the March 30 correction. Bottom line is I will either go long now or wait for another pullback to the purple line and will remain long until at least 0.015 where that overhead thick blue line is. For the past 4 hours, there is a declining wedge pattern and I am not sure if we will break out higher or lower from it. If breakout to the downside, then we revisit the purple line below one more time.
Edit@07:56pm (19:54UTC): final deadcat bounce now peaking before heading down to 0.0114, then it is a strong buy at the purple support line. Expect one more fakeout on the way down to ~0.0114. I am guesstimating 67% - 80% odds of this being the correct interpretation of the chart.
Edit@9pm: 0.0117 is the lowest bottom as the purple line has risen.
(click to enlarge)