Litecoin retesting....lost 75% 56 days prior to last halving

11 thg 6, 2019

Pretty low risk short entry anywhere in the mid 30s. Stop loss will keep you safe. If you look at the last halving LTC lost a whopping 75% in the 56 days leading up to it. We are now in that same week...55 days until the next halving. Doesn't mean the same will happen, but it should top out pretty soon. If it does break out here and get close above, 220 seems like it would be in play. Then big drop down. Good luck. Not in this trade myself due to inability to short LTC/USD pairing.