Ragnar_Dragneff

Litecoin another 30-40% for grabs

Long
Ragnar_Dragneff Updated   
BITFINEX:LTCUSD   Litecoin
Hi guys,

Those who followed my Litecoin trade, I bought in at 143 and sold at 174 and 181.

Another 5 waves are likely here as long as we hold my suggested levels.

Cheers,
Ragnar
Comment:
As you can see, I still expect 1 more leg down on litecoin to 145 region or even slightly lower, I have however, bought in 1/5 of my position at 154.

The idea is that if bitcoin falls to about 8k, then litecoin is also likely to follow to 138-140. However, if bitcoin keeps 8.x as a bottom, litecoin will also hold a higher level :)
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