LTC is still strongly coupled to BTC and BTC is looking quite weak at the moment. (BTC idea linked)
Moreover LTC tends to be more volatile. In case of drawback for BTC I expect LTC to revisit 115$ -100$ levels, because this is where we have first horizontal support and volume profile.
I tend to not short the market since I am overall bullish and will just look for entries in these levels.
Good luck trading everyone and stay safe.
Moreover LTC tends to be more volatile. In case of drawback for BTC I expect LTC to revisit 115$ -100$ levels, because this is where we have first horizontal support and volume profile.
I tend to not short the market since I am overall bullish and will just look for entries in these levels.
Good luck trading everyone and stay safe.
