Short

Exited LTC on June 12th. Patiently awaiting the fire sale.

Updated

As you can see form the chart The 21 EMA has finally crossed back across the 50. That last time we saw a significant cross down of these indicators was in May of 2018. Just saying historically It hasn't played out well for LTC. Will start re-entry around 70 USD. That would be 0.618 Fib from December lows to the Top on June 22nd. Could see another push up to 100 as BTC plays out its moves but I think for the most part this thing is a dead horse.
Good luck Bears and Bulls!

Note

Popped back up to test 100 Like I thought may happen. A failure to cross back over would cement this idea even more for me. It it pumps over 100 then I may turn more bullish. See what plays out.

Note

Note

Looking for support to fail here and hit target but aware this could be double bottom for LTC.

See how it plays.

cryptohop

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