ssari

LTC for potential short

ssari Updated   
POLONIEX:LTCUSDT   Litecoin / Tether USD
LTC has a merging triangle with the 1hr chart. In addition it is like BTC showing bullish tendencies are both worth watching. It has a cradle forming and would be nice to go in around $63
Comment:
I went short and just sold my holdings... don't want to be too greedy and miss out. $67.40 is enough for me.
Comment:
I do feel BTC will drag LTC up but I also have news of BTC moved related to believed to be linked to one of the Silk Road accounts. ambcrypto.com/100-mi...-binance-and-bitmex/ I feel this news will make the rounds and slow down the btc climb. Some negative news do make a difference, it also increases the risk as I feel they will dump BTC for a good price but what is that to be?

Discord: TradeToProspa
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.