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SorinBlajan
May 29, 2018 8:53 AM

ltc/btc chart is about to get even uglier Short

Litecoin / BitcoinBinance

Description

LTC/BTC can be shorted, as the market seems to be returning to its senses and BTC takes its place back.

Trade active

time to pocket some profit. the downtrend is strong, but nothing lasts forever.

Trade closed manually

would take 80% of the profit and let the rest ride

Trade closed manually

In my view, the btc is a bit overextended and consolidate before moving to 8900 (inv h&s). This would allow alts in general to recover a bit. Trade is closed. Lets not get greedy

Trade closed: target reached

Comments
Valochecocardo
LTC will follow. You can see the same horizontal range on BTC that means a clear accumulation.
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