Hi there,
I like to share you my idea of my long setup for LTC.
As the halving is getting closer, we might have a good opportunity for a long position insight.
(Blue vertical line LTC Halving)
(Gold vertical line BTC Halving)
As we know from history, after the last LTC halving the price decrease.
We were in a bear market at that time. After the BTC halving, the price of LTC increase. With the ath between the 2 halvings.
So IF history is respected, we might see a little pump to restistance, then back to what i THINK is the bottom (redline).
And then off we go to the MOON??
I will enter in the green box on the bottom line, and exit around $ 120.
I would love to hear your comments on my charts.
I would love that (L)
Follow for more.
I like to share you my idea of my long setup for LTC.
As the halving is getting closer, we might have a good opportunity for a long position insight.
(Blue vertical line LTC Halving)
(Gold vertical line BTC Halving)
As we know from history, after the last LTC halving the price decrease.
We were in a bear market at that time. After the BTC halving, the price of LTC increase. With the ath between the 2 halvings.
So IF history is respected, we might see a little pump to restistance, then back to what i THINK is the bottom (redline).
And then off we go to the MOON??
I will enter in the green box on the bottom line, and exit around $ 120.
I would love to hear your comments on my charts.
I would love that (L)
Follow for more.
Be patient
Patience is key!