There are 2 strong indicators LTC could bounce:
1) LTC has found support at the .236 retracement resistance level
2) LTC has been bounded by this huge triangle on weekly chart for about 3 years now.
Also, for whatever it's worth, LTC trading was just added to Yahoo finance along with BTC and ETH
When I'm trading BTC pairs in a bear market I look for 4:1 risk/reward.
buy under .008700
1st target: .0135 BTC (.382 fib)
stop: .00748 BTC
risk/reward: 4:1
-M@
100% of donations go towards illegal drugs
BTC: 1K8U5Weva7MZHpxvNDpJGhzwR1xrYDajga
1) LTC has found support at the .236 retracement resistance level
2) LTC has been bounded by this huge triangle on weekly chart for about 3 years now.
Also, for whatever it's worth, LTC trading was just added to Yahoo finance along with BTC and ETH
When I'm trading BTC pairs in a bear market I look for 4:1 risk/reward.
buy under .008700
1st target: .0135 BTC (.382 fib)
stop: .00748 BTC
risk/reward: 4:1
-M@
100% of donations go towards illegal drugs
BTC: 1K8U5Weva7MZHpxvNDpJGhzwR1xrYDajga
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