Grayscale's Litecoin trust up, pending breakout?
Looking around as I do on a down day, LTCN was up nearly 5% while Bitcoin and Ethereum were down. Price action seems to be moving into a wedge with a breakout expected soon. Keeping a close eye on this one if Bitcoin loses its short term luster.
Note
Obviously we broke down lower along with the entire commodity and crypto market. We haven't touched this level since Nov. 20 so appears to be a good level to consider buyin-in. Obviously not financial advice. :-)
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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.