Cryptogasmic

LTC/BTC Ideas

Long
BITFINEX:LTCUSD   Litecoin
LTC for me is at a very value price. A lot of the coins are making the same patterns at the moment but this could be a decent area to accumulate LTC.
Long term i see LTC Heading to $200 to $300 and may even rival the prices of DASH and BCH.
Currently holding a retrace of the initial wave and the 1 hour shows some support bouncing from the bottom of the cloud.
Should retest the $60 mark so a small trade is possible and if it fails there is no problem with accumulating LTC and adding to your bag.
Daily has turned and looks to be getting momentum.
Looking to retest the $70.
Still a bear market so trade carefully.
This is purely educational material and not intended as investment advice.

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