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UnknownUnicorn2876186
Feb 9, 2019 7:29 PM

LTC has slowed down, time for a correction Short

Litecoin / U. S. DollarKraken

Description

Litecoin has gone too far in a bear market, a correction is expected as the rest of the market is not rallying as hard.
At least a -10% is very likely at this current point, I will open a short position for LTCUSD at $42.70 with a target of $38.20

Trade closed: target reached

Profits taken.
Comments
UnknownUnicorn1000353
I think its going to rally to 70. Promising fundamentals is my reason.
UnknownUnicorn2876186
@elitebagholder, LTC is one of my favourite coins long term, and a big contender for mass adoption, my analysis is purely short term.
I took my profits and I'm watching the market
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