FaalHaas
Long

LTCBTC ready for a break to the upside?

BTCE:LTCBTC   Litecoin / Bitcoin
221 2 2
I opened another long on this pair from 0.0055. Why? LTCBTC             has been oversold for 21 days on the weekly timeframe . Daily prices have been holding steadily for a few days while indicators were still deeply oversold. With today's move up and BTC hitting resistance we may be ready for another move on this pair.

Fundamentally, LTC             works. It is still being actively developed, it has a solid community and a decent mining network. This alone means it has more value than any random altcoin out there.

Big buys have been popping up over the past few days so I wouldn't be surprised if we see a solid move to the upside soon. First targets for me are .006, .0077 and .01.
AndreyDrogal
21 days ago
This was just another trap for those who still believe in the litecoin. RIP.
Reply
Facira
21 days ago
Yep! Downtrend continues lol... bye bye LTC
Reply
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