LTCETH has obviously seen better days, but prices relative prices between major coins usually react to historical support and resistance levels. I've been waiting for this zone for a long time. Not a huge LTC fan, but I can't ignore the technical factors here. Hoping to accumulate on the way down and take profit on the way up. No short term rush, but I also wouldn't be surprised to see a mini ~10% pump to retest the wedge in the next couple of weeks.
Comment:
Be super careful!! Hidden bearish divergence and RSI resistance on multiple timeframes. Short term price is not developing as well as I would have liked, but the long term idea is still valid.
Comment:
^ Yep. Back to bullish again.
Trade active:
Really good swing opportunity