The Litepay delay definitely had an impact, but Litepay isn't terminated as an idea. There's still a strong likelihood of this becoming reality.
As BTC enters an extended rally, now is a good time to enter alts as well. Litecoin has strong potential for a wave 3 right now.
Personally, I'll look to exit as Bitcoin tops off. Around 12,000 levels. Why? Because a BTC drop all too often takes the alts with it. If LTC doesn't reach target levels before BTC does, I'll close the trade at that time.
Charts and thoughts are opinions of the author, not financial advice. Always set stop losses where you feel comfortable.
As BTC enters an extended rally, now is a good time to enter alts as well. Litecoin has strong potential for a wave 3 right now.
Personally, I'll look to exit as Bitcoin tops off. Around 12,000 levels. Why? Because a BTC drop all too often takes the alts with it. If LTC doesn't reach target levels before BTC does, I'll close the trade at that time.
Charts and thoughts are opinions of the author, not financial advice. Always set stop losses where you feel comfortable.
Comment:
Litecoin retraced a bit deeper but appears to have found it's bottom. Targets adjusted slightly.
