LTC is forming a beautiful ABC formation which will probably end in 37-43 usd range. Really beautiful pattern to play.
I am accumulating from these levels as well. Will be laddering all the way down.
After the crash it is obvious that LTC will give us a x2 bounce as it always does. Target will be around 80-90 usd, details will be discussed later.
This is a mid-term trade, can take up to 1-3 months.
Accumulate wisely.
No stop loss for now, laddering all the way down.
PS: Breaking below to 20 USD levels also should be considered if BTC breaks below 4000 usd.
I am accumulating from these levels as well. Will be laddering all the way down.
After the crash it is obvious that LTC will give us a x2 bounce as it always does. Target will be around 80-90 usd, details will be discussed later.
This is a mid-term trade, can take up to 1-3 months.
Accumulate wisely.
No stop loss for now, laddering all the way down.
PS: Breaking below to 20 USD levels also should be considered if BTC breaks below 4000 usd.
Note
will be posting a new idea for litecoin ASAP.Trade active
Going smoothly... I am expecting a little more dropTrade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.