Hi all
I believe LTC against BTC is a very good buying opportunity now:
-LTC made some very good profits leading the way out of bear market, before BTC agreed to follow.
-1 april, when BTC spiked, LTC was done with its 5 waves, and started its retrace.
- It bounced on the .618 some days ago, continuing the uptrend.
-Who knows what BTC is going to do in the near future. Buying BTC now is not my style of trading, buying at the top - hoping..
-LTC is a very solid coin, not going away soon.
In a year or so, I think we will have new all time highs.
For shorter term opportunities, a near +50% is possible if buying now around 0,012-0,013 and selling at 0,018
I believe LTC against BTC is a very good buying opportunity now:
-LTC made some very good profits leading the way out of bear market, before BTC agreed to follow.
-1 april, when BTC spiked, LTC was done with its 5 waves, and started its retrace.
- It bounced on the .618 some days ago, continuing the uptrend.
-Who knows what BTC is going to do in the near future. Buying BTC now is not my style of trading, buying at the top - hoping..
-LTC is a very solid coin, not going away soon.
In a year or so, I think we will have new all time highs.
For shorter term opportunities, a near +50% is possible if buying now around 0,012-0,013 and selling at 0,018
Note
we went to 0,1777 sooner than expected. I take this as a very bullish sign.I cant count 5 waves in that last spike (0,12-0,18) so i expect it has one more leg up to 5th, even tho then wave 3 retraced to the 50.
Anyway, That is +49% in 3 weeks, and it is not VS USD, it is VS the KING : BTC.
Nice job little coin.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.