ThePuma

LTC strong return potential

Long
ThePuma Mis à jour   
COINBASE:LTCUSD   Litecoin
The Litepay delay definitely had an impact, but Litepay isn't terminated as an idea. There's still a strong likelihood of this becoming reality.

As BTC enters an extended rally, now is a good time to enter alts as well. Litecoin has strong potential for a wave 3 right now.

Personally, I'll look to exit as Bitcoin tops off. Around 12,000 levels. Why? Because a BTC drop all too often takes the alts with it. If LTC doesn't reach target levels before BTC does, I'll close the trade at that time.

Charts and thoughts are opinions of the author, not financial advice. Always set stop losses where you feel comfortable.
Commentaire:
Litecoin retraced a bit deeper but appears to have found it's bottom. Targets adjusted slightly.


Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.