At current prices, I see Litecoin as a super buying opportunity.
Now, you can wait for a more conservative entry around $64.00 but it may move up without getting lower? So choice is yours (or not take the trade at all).
I see this as a healthy pullback.
Risk Reward 3.7:1
I feel this is a load-up type of coin (if that makes sense).
Beginners: This is nicely priced coin if you're a new trader where you can just dip your toe in the water by buying just one coin, as its nicely priced.
Note: be prepared to accept a loss, don't come crying to me if it's a loser- that's trading =).
Hope this helps.
Sean Vengan
Professional Cryptocurrency Trader and Trading Educator.
Now, you can wait for a more conservative entry around $64.00 but it may move up without getting lower? So choice is yours (or not take the trade at all).
I see this as a healthy pullback.
Risk Reward 3.7:1
I feel this is a load-up type of coin (if that makes sense).
Beginners: This is nicely priced coin if you're a new trader where you can just dip your toe in the water by buying just one coin, as its nicely priced.
Note: be prepared to accept a loss, don't come crying to me if it's a loser- that's trading =).
Hope this helps.
Sean Vengan
Professional Cryptocurrency Trader and Trading Educator.