Litecoin - Get ready ready for the Lite off
Yes! So many people thought cryptocurrencies were just going to keep going up. Well, this month has proven that what goes up must come down. Trading the crypto markets is a patience game and the discounts you will receive should be welcome.
LTC - I will put it out there in plain sight, that I am a VWAP trader. Pullbacks in price are significant for traders who are trying to find an excellent price to get into the market. If we take a closer look at LTC, we can see that since the start of the month we have had a 33% drop in price from the high at $100. Looking closer at the charts I am a lot more confident that we will not drop below $60. It is difficult to say when we will be heading back towards $75 which is the right on the monthly VWAP mark, but If you look at the value area I have placed on the chart, it will give you a good indication of where to start buying. At the moment the price of LTC is now undervalued, and sellers should jump ship ASAP. For buyers, it is an excellent time to start buying with price underneath the outlined value I see great times ahead for LTC.
LITTLE BIG MOVEMENT LATEST BLOG POST
"Patience is the key to any market" - Nathaniel.
Next update will be in the coming week - Thank you for your love and support.
Regards
Nathaniel - "THe BiPolar TraDer"
Little Big Movement
LTC - I will put it out there in plain sight, that I am a VWAP trader. Pullbacks in price are significant for traders who are trying to find an excellent price to get into the market. If we take a closer look at LTC, we can see that since the start of the month we have had a 33% drop in price from the high at $100. Looking closer at the charts I am a lot more confident that we will not drop below $60. It is difficult to say when we will be heading back towards $75 which is the right on the monthly VWAP mark, but If you look at the value area I have placed on the chart, it will give you a good indication of where to start buying. At the moment the price of LTC is now undervalued, and sellers should jump ship ASAP. For buyers, it is an excellent time to start buying with price underneath the outlined value I see great times ahead for LTC.
LITTLE BIG MOVEMENT LATEST BLOG POST
"Patience is the key to any market" - Nathaniel.
Next update will be in the coming week - Thank you for your love and support.
Regards
Nathaniel - "THe BiPolar TraDer"
Little Big Movement
Stop reading about where the price is going, No one can predict the future. Risk management is the only way to trade.
If you want more price analysis Ideas leave a comment below :-)