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luckeyma
Sep 3, 2017 8:36 PM

Litecoin Short Term Support Trendline  Long

Litecoin / United States DollarCoinbase

Description

After a labor day weekend sell off in crypto, litecoin appears to have formed a support trendline for its base and accumulation for it next run up. Volume is low but volatility remains high. This looks to be an opportunity to go long on litecoin. With lightning network going live, atomic swaps, excellent dev support, litecoins solid history, continued adoption for litecoin as a payment alternative to bitcoin and credit cards (having lower fees and faster transaction times) and more I believe litecoin is undervalued.
Comments
cgavel
Look is accurate to me! :) nice job, good trading
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