Hi Traders,
Noticed LTC the other day had quite a flat chart compared to most top alts, no short squeeze yet/reset pump.
Upon further looking into both the USD & BTC LTC pair charts it looks possible whales are done with dumping on LTC as highlighted on the BTC pair, a sign MM has stopped selling LTC for BTC and anticipates LTC will now be the better preforming coins in short term.
So i have gone long LTC @ 52
Entry range $52-54
SL $51.5
Target zone is yet to be fine tuned as we need to see how violent the initial show of strength is/if any. $75-$90 is likely the max target however.
Good luck,
Asset Mastery
Noticed LTC the other day had quite a flat chart compared to most top alts, no short squeeze yet/reset pump.
Upon further looking into both the USD & BTC LTC pair charts it looks possible whales are done with dumping on LTC as highlighted on the BTC pair, a sign MM has stopped selling LTC for BTC and anticipates LTC will now be the better preforming coins in short term.
So i have gone long LTC @ 52
Entry range $52-54
SL $51.5
Target zone is yet to be fine tuned as we need to see how violent the initial show of strength is/if any. $75-$90 is likely the max target however.
Good luck,
Asset Mastery
