ProjectSyndicate

ltcusd h16 halving was a non-event now we dump

Short
BINANCE:LTCUSD   Litecoin
🔸Hello traders, let's review the 16hour price chart for LTC today. Halving was a non-event
and degen dreamers and gamblers got rekkt once again, sorry about that.

🔸Past history of LTC halvings show that we dump into red after the halving. there is no
bullish impact on prices of litecoin. currently distribution in range trading near 85 USD.
my final PT bears is 60 USD.

🔸Recommended strategy LTCUSD bears: wait for a bounce later to initiate from 80 USD
and rejection after the bounce near 95-100 USD and re-short from resistance. Conservative
TP bears is 60 USD. good luck traders!

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