LTC/BTC potential long play

2018年5月18日

Reaccumulation or Distribution.

Arguments for Reaccumulation:
- Price action getting less volatile
- Price building higher highs
- probably also the decreasing volume

How to play this:
- Speculative buy now / demand bar
- wait for break out or retest

Caution:
- BTC price action.

My plan. Wait for BTC to make up its mind than decide on which of the two plays to trade.

Happy trading.

Tele: @maexf
Discord: maex#8262
Tele: mad_maex