BeniGo

LTC LONG TERM BUY

Long
BeniGo Updated   
KRAKEN:LTCUSD   Litecoin
Dear Gamblers,

I am expecting one leg down still, but LTC looks to me ready to buy on the long term. There is a triangle forming on the larger timeframes and in my opinon is an asset way oversold with actual fundamentals to be used. I will not go leveraged instead i will buy on spot market.

If in the coming weeks, ltc does not reach this point, i will reasses.
If in the coming weeks, ltc crosses the 17 stop loss limit, i will reasses. (Note that will mean that the triangle did not play out).

This is not a trading strategy, rather, this is actual investing for 1 to 2 years.

STRATEGY

LIMIT BUY @ 25.30 USD
MANUAL STOP @17 USD
Positioning 20%

Thanks a lot for reading,
Happy trading,

BeniGo.

***I am not your financial advisor neither I intend to be, do you own research before risking your money***



Trade active:
Bought today my LTC long term position @ 33 USD's.
Trade active:
Sold my LTC bought at 33USD. Waiting to reenter @25.30 USD long term investment.
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