quantguy

Litecoin Buying Opportunities??

Long
BITSTAMP:LTCUSD   Litecoin
Litecoin has retraced sharply. It seems to be caught in a bull channel pattern. Bear in mind that these tend to break down, not up. Litecoin has retraced more than ETH or BTC, and still has a long way to go before making new highs. If it breaks down further consider $141, $130, and $117 as buying opportunities.

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