Unlike with BTC, I find that we have found a bottom on litecoin. Looking at the daily, we see a double bottom, with a reversal at ~105usd. It pushed up strong and broke out of the down trend, resulting in a gain from 160-237. Now we have an expected pullback as traders take profit, and potentially traded into BTC since LTC/BTC was at a high of about .025 again. Furthermore, whether people agree or not, litepay is positive news. Whether litepay works as intended or not, this is a great step for crypto.
Currently LTC is trading within a a bull flag, a break up will bring us exactly to our next resistance level at 300
I am long on litecoin and you should be too :D
Disclaimer: This is not financial advice nor am i a financial adviser
*All this is discussed in my video: https://youtu.be/76l0UkvpWkg
Currently LTC is trading within a a bull flag, a break up will bring us exactly to our next resistance level at 300
I am long on litecoin and you should be too :D
Disclaimer: This is not financial advice nor am i a financial adviser
*All this is discussed in my video: https://youtu.be/76l0UkvpWkg