The BTC copy and BTC tester Litecoin has reached thegreat level of 0.005.
It means that with 1 btc you can buy 200 btc, the greatest amount ever since 2017. Bad drop so far but showing signs of consolidation. It is a little bit early for this trade but I waited this level for so long and I do not know if we will ever have another buying opportunity like this on LTC.
My target is 100 (0.01) in the following months, of course I will trade it a little bit when reaching key levels. Intermediate targets are 0.06 and 0.07 to do some trading.
My SL signal will be a close below 0.0047
Of course do not copy the trade without knowing the coin, this is just me thinking out loud a trade and showing you interesting things.
What do you think of LTC ?