DLavrov
Long

Litecoin Short Term Trade

POLONIEX:LTCUSDT   Litecoin / Tether USD
Price dropped to the bottom border of a horizontal channel and the uptrend line from higher time frame. RSI is in the oversold zone and it's going to reverse. A reversal candlestick pattern confirms possible upward movement. We have buy opportunity. Entry level for long trades should be at 40.70 with stop orders below 38.90 level. Profit target should be at the top border of the price channel . This is a short term trade. Be careful with any trades, the markets are unpredictable now.
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@DLavrov something i cnt figure out is usually when Bitcoin was rising Eth and Litecoin were rising along too but today opposite is happening, any thoughts?!
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DLavrov TOP OmidPustcci
@OmidPustcci, it can be buying of Bitcoin in order to get Bitcoin Cash for free.
+1 Reply
@dlAVROV Do you think it goes down like the way you predicted yesterday?

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@resanet, looks like it's going according to that chart, the price dumped hard
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resanet andrewdziouba
@andrewdziouba got to wait and see how it goes
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@resanet, I don't know. But I won't be surprised if the market falls.
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LTC is currently under maintenance or experiencing wallet/network issues. Deposits and withdrawals will remain disabled until a solution is found, which may require an update from the LTC team. Any updates must be tested and audited before enabling. ???
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Jour Jonhny
@Jonhny, can you tell more, or gme a link
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@Jour, https://poloniex.com/exchange#usdt_ltc
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Jour Jonhny
@Jonhny, thx
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