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TradeDocta
Feb 2, 2018 5:47 PM

Targets for LTC/BTC Short

Litecoin / BitcoinCoinbase

Description

So I'm looking to get back some LTC with the new BTC purchased isn yesterday's fire sale. There is still time for BTC to go below 8000 but i'm playing the BTC bounce to fund more LTCs.
Here is my idea of price action and support. LTCBTC price has broken a couple support structure areas so we are short term bearish after this bounce.

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So the bottom target was not hit. Litecoin just lit up and started soaring. of course, buying into strength.
Good Luck all

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The ratio is still strong. Im only selling LTC to repurchase at lower levels. Might be a good time to sell some in this area. .01840 - .01780

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Straight up moon shot. :) Sell high to buy more at lower price is the strategy.
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