Hello everyone,
With LTC block reward halving happening in august, and its low price at the moment, it looks like a good buying opportunity.
So, on the chart we can see a strong support zone arround 110. Price beeing arround 115 at the moment, I'm not sure that the price will continue to fall, 115 seems to be a fair price to start accumulation.
I'll keep some balance to buy more, if the price fall because of BTC.
I wont set my TP before halving, but the safe play would be 140/160/180, split 33 / 33 /33.
Trade safe
With LTC block reward halving happening in august, and its low price at the moment, it looks like a good buying opportunity.
So, on the chart we can see a strong support zone arround 110. Price beeing arround 115 at the moment, I'm not sure that the price will continue to fall, 115 seems to be a fair price to start accumulation.
I'll keep some balance to buy more, if the price fall because of BTC.
I wont set my TP before halving, but the safe play would be 140/160/180, split 33 / 33 /33.
Trade safe