Litecoin continues to gather momentum to the upside.

2022年4月16日

Following on from the LTC/BTC trade I posted a few days back. I believe we are seeing a building of momentum to the upside. Examining the daily candles, we are seeing continuous strong green candles. I believe that this is a great consolidation zone to accumulate litecoin cheap.

Although not financial advice the way I have undertaken this trade is using Binance cross 3x LTC/BTC. This is one of my strongest conviction swing trades at present. I believe the underlying risk to the downside is limited to a low risk level. With large upside if this trade is undertaken and pushed by larger market actors.

Litecoin also has a significantly lower market cap than most cryptos being pushed in the market.

2022年4月20日

註釋

Comment: Currently watching the LTC/BTC ratio test the 50 Day SMA as support. If confirmed a rapid rally to the upside on the Horizon. The 50 Day SMA is curing upwards, been a promising signal in recent history.

2022年4月25日

註釋

Great to see LTC/BTC hold up on another test on the lower end of the new triangle pattern