LTC Breakout imminent? (LTCEUR – Charts by Trading View)
Watch this space for an update…
So LTC did break out but not as far as hoped. Possibly the market was pumped a little to get the buyers in before it went short as those who recognise took their profits.
Now, I’m waiting for the market to make new highs. The LitePay release was reportedly “disappointing” and people will have been hoping for a surge up on it’s release. It never happened and now people are possibly selling out of LTC.
Overall, Litecoin is still in an uptrend and like most crypto’s, it still has lots of potential to make significant gains over 2018. On the 4 hrly chart, you can see recently it is still making higher highs and lower lows. The current low being off the previous high.
I want to aim to get out of LTC as profit above at least 180eur before end of play tomorrow. On March 1st I want to hold NEO ready for the ONT airdrop.