Let there be Litecoin...
is the title of the email I received from Bitstamp about two hours ago. Bitstamp is now trading these pairs of Litecoin - LTC/USD, LTC/EUR and LTC/BTC. This is a step forward for Litecoin and should have a positive impact on its price over the long term. But what can we expect over the short term?
Technical Analysis (LTC/BTC)
Despite the good news, Litecoin is not looking good over the short term as its technicals are stressed out after last week's big breakout.
Looking at the 4-hour chart, we can expect Litecoin to make a leap down to the major support line at 0.0126 in the next few days before regaining its strength to take the next flight of stairs up.
Trade Entry: 0.0129
Trade Exit: 0.0158
Trade Profit: 22.48% Gain
Disclaimer: Please always do your own due diligence, and consult your financial advisor. My trades are solely intended for personal use. I never provide any actual trading recommendations. Trading remains at your own risk. Never invest unless you can afford to lose your entire investment.
Great post man keep it up
Thanks for the support!
thanks for your info, good stuff
Thank you. Do you trade as well?
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