The Litepresence Report on Cryptocurrency

LTC really lagging BTC now. Anyone thinks this will change if the bull run continues?
 
LTC really lagging BTC now. Anyone thinks this will change if the bull run continues?
Yes I think LTC will catch up as we get to our next top, I'm guessing by the lack of comments in here the sentiment is still very low which is bullish! I'm still holding but getting a little trigger ready as the next
top gets closer by the day/ hour!
 
BTC gettin squeezed a bit on first support level by china :)
 
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LTC really lagging BTC now. Anyone thinks this will change if the bull run continues?

just watched most of the 9/11 documentary. its really sad, the twisted global society we live in.
btw, for sure the best documentary regarding 9/11.
 
I took it to mean we just bulled out of the day's channel in china

DuoDOHv.png
 
Gosh I wish you wouldn't write in code!

Clearly you aren't the only one :D

A channel points toward certain prices, if it moves out of a channel in a positive direction that would be an indicator it might go higher, a new channel will be forming.
 
lol

so we were between those two white lines all day (the day's channel); then price "popped" outside of the lines to the up side (bulled)
 
lol

so we were between those two white lines all day (the day's channel); then price "popped" outside of the lines to the up side (bulled)

Thank you for explaining what the white lines mean. Now, how about doing the same for the red, green and brown ones?
 
Thank you for explaining what the white lines mean. Now, how about doing the same for the red, green and brown ones?

well there is a squiggly white line and a squiggly orange/brown line

the squiggly white is the running simple moving average for the most recent 7 candles; so its value at any given point in time is the closing price, plus the previous 6 closing prices; divided by 7

the squiggly orange/brown is the thirty period simple moving average; same concept but the past 30 candles of closing price data for each calculation.

then there are the candles

the candles have an upper wick which extends to the highest price for that candle period; the lower wick to the lowest price for the candle period
then the candle has a main body; the top and bottom of which are the open and close price for that period; if the candle is red close is on bottom; if green close is on top

then there are the two squiggly lines to the right; green and red; they represent "depth of market"; which is a graphical representation of the bids and asks currently on the order book times their respective cumulative volumes; where bids and asks are y axis; cumulative volume is x axis

the bars at the bottom represent volume; and again they are color coded red if close is less than open; else green

the small yellow triangle is the last price paid
 
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