Litecoin / Tether USD
Short
Updated

LTC/USD/BTC Short

193
I'm short right now. Could be another bloody weekend. It really doesn't pay to chart to much right now. News is controlling the market, not trends. (Segwit2x beta) came out today for BTC. Going short until more clarification comes out. I still see good support at $34 on LTC. If it breaks, we could see levels around $30.

(BTC Note:) We need to see a close above $2530 (Weekly Candle) by Sunday night for me to be more confortable going long. If it goes below $2350 I would be bearish. Until that, i'm neutral on BTC.

youtube.com/watch?v=JTCB5bRGQj0&
medium.com/@jimmysong/segwit2x-what-you-need-to-know-about-the-2mb-hard-fork-27749e1544ce
medium.com/@elombrozo/why-segwit2x-or-why-not-3b2a3917a2be
coindesk.com/bitcoin-scaling-project-segwit2x-release-new-code-tomorrow/
Trade closed: stop reached
Lots of good news for lTC coming out. Charlie Lee has been busy with meetings with miners, and others in China. He is also working on marketing etc... I am long on LTC.

Best LTC Updates here : twitter.com/SatoshiLite

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.