Long position. Target 0.015-0.016

BITSTAMP:LTCBTC   Litecoin / Bitcoin
RSI staying long in the oversold area and %R close to it, as well as the proximity of the price to the bottom border of the range indicate a possible growth. If it occurs, it will likely be limited by the downward resistance level .
I entered into a long at 0.0129 with no stop loss even if we end up at 0.01 It wont be for very long so I will dollar-cost average if bearish movement continues.
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