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Delta_Traders
Aug 9, 2019 2:23 PM

Litecoin ( LTC/BTC ) Buy Zone Long

Litecoin / BitcoinBinance

Description

After the FUD by bloomberg in this news post we saw a large sell off in the LTC market with more short's pushing on the downtrend.
Looking back at Litecoin and bitcoin's past after halving events we see this sharp move to the downside followed by a parabolic move back to the upside.

Bloomberg : Search term crypto-hype-over-halving-leaves-litecoin-owners-holding-the-bag

** Great way to get some more cheap litecoin if you ask me**

Buy zone 0.007- range.
Sell Zone 0.009+ range.

Expect a sharp move to the upside once the Bitcoin price starts to fall back the re-buy into litcoin should give a good push back over the 0.08+ range.

Trade active

Trade active.

Comment

Litecoin back into the buyzone range.
Comments
Delta_Traders
Breaking out the wedge.

Bravo Litecoin.. Bravo..
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