Hi my Friends and Traders. I have bad news for LTC Longs. I'm not trying to predict the market and there is no way to know for certain but right now I just can't see this market going higher. It seems like it's going to hit 40-50 before any movement to the upside. If still holding longs, I know that it's a bad position to be in I'm sorry... I don't really know if it's good to wait for a rally to get rid of the coins or keep them as a long term investment, something like 6 M - 2 Y. This was my last LTC position. Good Luck, Trade Well
Good chart. Please have a look at my chart too. Do leave your feedback.
TAG-Strategy-Trading
⋅
@imfamousrajat, I personally expected a completion of a triangle before going lower but we didn't quite get there. So this is left to be a Complex correction or some sort of a Double Zig Zag.
No matter what it turns out to be, it's most likely going to your strong support level before going any higher. Even if we go higher the uncertainty for me is so high that I will let this market just be for a while.
Great Chart and Analysis, Good Luck Trade Well