CryptoTraderXL

LTC - Long - but NOT now

Long
CryptoTraderXL Updated   
COINBASE:LTCUSD   Litecoin
Golden cross? Check!
Major EMA's as support? Check!
Above cloud? Check!
True golden cross? Check!
FA catalyst! Check! Halving ;)
Positive sentiment? Check?

Bulls are in control! LTC will break out imo. However this is not the moment to go for a long position IMO.
Let it retrace to .236 or even better .368 fib level. Once LTC breaks out, other high caps will follow.

Always practice money management!

Remember the market made a promise to all of us. It will eventually reward patient people!

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And if you have other (opposite) ideas regarding LTC, please share. I see this as enrichment ;)
Comment:
NOT NOW!!
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