SatoriTrades
Long

LTCBTC BINANCE - Quick Look

BINANCE:LTCBTC   Litecoin / Bitcoin
LTCBTC will probably somewhat reflect what BTCUSD is doing but that isn't a rule. Look for a possible continuation down to 0.010291, 0.010000 is also fair game and then a bounce from either of those spots. If it breaks 0.010000 be prepared for a 0.0009000 area test. Overall I'm bullish , as I am with BTCUSD , but it could test as low as 0.00721 as this price action is over extended. NOT financial advise.
Comment: NOT financial *Advice
Comment: LTCBTC giving us the business right now. It denied my prediction but met quick resistance at 0.012829. I'm still bullish on crypto for several reasons, some "esoteric" reasons, but mostly chart reasons. I'm still watching for the pull back to 0.01000 but I'm still long on LTCBTC AND BTCUSD. But don't take my word for it, I'm a degenerate. NOT financial advice.
Comment: LTCBTC blew the top off our fib, lucky us right?! What do we do now?! I usually look for reversals at this point. This is certainly bullish price action but levels WILL be tested so look for an eventual pull back to at least 0.012829 and possibly 0.012195 before adding to longs or getting back into this thing.
Comment: Still long on this, I hope you all have taken profits by now, don't get caught in the chop. Keep the hands steady and wait for signs of levels gained or lost, I'll keep you posted. NOT TRADING ADVICE.
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