Acel

LTC/USD - LTC slowly starting its journey

Short
Acel Updated   
COINBASE:LTCUSD   Litecoin
Seems like LTC is gathering some fuel before it takes off.
Note that its performance is highly depended on its older brother - based on history .
Comment:
Huge order book on 240$ at Coinbase. But as always, LTC is hand to hand with BTC, so if BTC cant take the hit, neither will LTC which will make it fall down to 230$ for now.
Comment:
Note: you are looking at a log chart, check the numbers on the y axis.
Comment:
Alright, as always, this is following BTC movement. Probably people are jumping off to the overvalued, for now, Etherium. There is now clear thinking here, people just following the masses because of FOMO.
Comment:
no** clear thinking ( typo ).
Trade active:
This wont get much cheaper...

First target:260
Second target: 290
Comment:
Comment:
This is still between the 2 first fib levels and as always coping Bitcoin's movement.
Check my latest Bitcoin idea if you want. I have my eyes on it mostly, the past few days since it drags the majority of the market down.

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