Just from looking at technical indicators here I am feeling that LTC will be retracing to under the bottom bband.
Ideally to catch the short at $140 would be great. Not sure it's going to make it back there now, and I believe this current run up is still a correction and the market is mid-term bearish. Neutral at best.
Check out the links below for some other ideas.
Ideally to catch the short at $140 would be great. Not sure it's going to make it back there now, and I believe this current run up is still a correction and the market is mid-term bearish. Neutral at best.
Check out the links below for some other ideas.
Comment:
Ah yes, notice how LTC is continually sold out of the $135+ zone. The long wicks on top of strong green hours. I think it can and will get there but not right now.
Comment:
quite possible $140 does come and my entry is triggered, would be lovely
Comment:
Ok so the litecoin short worked out, just had to hold on while some strong buy pressure kept it afloat. Have to watch some more. Might retrace up a bit now.
*note it didn't hit my highlighted target zone in time but we did hit the target dead on
*note it didn't hit my highlighted target zone in time but we did hit the target dead on
Comment:
Wow if you stuck with this one you made a bundle
