carden22

LTC weekend pattern

carden22 Updated   
BITFINEX:LTCUSD   Litecoin
I am a beginner to say the least, and I don't have a finance background or know much about the analysis that is shared. What I do know is that every Fri and Sat, Litecoin goes up to the high for the week, and is typically its lowest on Mon and Tues. My prediction based on what's happening again this week and today is this will hit $175 and start dropping 2-4am Saturday night. There have been exceptions in the past 3-4 months, but in my humble opinion a regular pattern.
Comment:
I didn't factor in the potential for social media to influence price like Litepay and Microsoft endorsing Litecoin into my weekend pattern...both of which happened. I'm not upset by it, just missed out on a $50 upswing.
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