Bigmoves01
Short

LTC going into a corner for a break

COINBASE:LTCUSD   Litecoin / U.S. Dollar
Been watching LTC all year. I was happy to see a sell sign on the daily in march and hitting 80. Now we are back on track to reclaim our rightful spot as BTC's silver . Summer is around the corner. People have been cooped up for months and will want to travel. Crypto prices historically go down at this time. But, if covid 19 remains a factor that keeps people in I could see LTC moving back to 100-80 in the near future. BUT BE CAREFUL. People could get the OK to travel dropping the price all summer then in the fall people save and spend for Christmas and the price drops. People have been staying in and looking for new income. So, I do wonder how many people picked up some crypto. Which also supports my theory that if people stay in this summer crypto prices could see a bump.
Comment: I meant February not March in the first sentence
Comment: Hit it almost 100%

Comments

Remember a lot of these traders pay rent and it's due in 2 days just after a bull run... maybe set up for retracement. watch that bottom line. After this.. 42/40$ would be bad, for bulls :}
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