Litecoin missed a good opportunity a while ago, as most alts did. That's due to Bitcoin weakness.
Due to MimbleWimble being a long term positive catalyst and since i see increasing chances of an altcoin relief rally i'm going to start my accumulation down right from here.
Looking forward triple digit before re-evaluating.
Long term trade, to be re-evaluated in 6M - 1Y.
Due to MimbleWimble being a long term positive catalyst and since i see increasing chances of an altcoin relief rally i'm going to start my accumulation down right from here.
Looking forward triple digit before re-evaluating.
Long term trade, to be re-evaluated in 6M - 1Y.
Trade active
Not qite there, but enough.First lot bought at 63,6$.
Note
Two more lots bought at 51,7$Note
Trying to breakoutTrade active
Position complete 49,6kNote
3 months passed by, we finally see a move.66$ means i'll take the luxury to put a stop in BE on half the position and let it run, as per july hyphothesis.
Note
Overall 6 lots bought, wih PMC 52,7$.Note
LTC hit triple digit once again, within the timeframe proposed in the opening post.Close to x2 achieved.
Hope you enjoyed, enough for the scope of this analysis.
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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.