Little_Big_Movement

Litecoin Accumulation Phase - Be Ready for the next wave

COINBASE:LTCUSD   Litecoin
Most traders are prone to hating the accumulation phase of a market because there is no clear sign which way the market will go. If you look at any market which is related to currencies, the accumulation phase is the best time to buy or sell. Sideways price tells me one thing - " buyers and sellers are equal". Now at this point, you might be thinking, "well, that is not going to help me" but it will. What you need to remember is Litecoins price has not dropped below $85 since the $100 high. Whales love to swim in the deep waters with vasts amount of liquidity. This provides them with the best cover to hide their big trades without moving the price of Litecoin. Have a look at the current value area (green box) between $90 - $80, if you are looking to buy at the best price. its possible the price will not drop below $90, try to position a trigger trade if price breaches $95. We will retest the $100 again so don't doubt this uptrend.

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"Patience is the key to any market" - Nathaniel.

Next update will be next week - Thank you for your love and support.

Regards

Nathaniel - "The value Trader"
Little Big Movement

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