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Karas_
May 20, 2019 3:51 PM

LTC opportunity (mid/long term) FA Long

Litecoin / BitcoinBitfinex

Description

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
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