Litecoin in in perfect position for long term call
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52.11
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Bulls are back. Setting TP1 at 57
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Bitcoin and Litecoin inversely correlated now. Due to high volatility I am not messing with her. And butcoin is expected to have a major correction soon. Means that money has a good chance to flow into ETH & LTC.
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Doesn't hurt to take some profits :) @ 54
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Took some profits at 55.1
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50% of my position still open
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Setting next partial TP at 56.94 I will add back again if it falls down significantly after that.
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Closing 25% at 56
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Any short term positions open with Litecoin, I am preparing to exit in this zone.
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overnight surprize
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I am expecting this to happen. Rest of my short term position closed at 56.94 I am still holding some litecoins for long term
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I am expecting this to happen
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Looks like road to moon is already begun for the long term position.
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Still there could be a correction but long term holders need not worry.
I think LTC just broke away just now - and is going not up, but into unknown waters
Bulls-Eye
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@BillMeyer, Waiting for the break or bounce in this zone.
BillMeyer
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@Bulls-Eye, Damn... LTC is not bouncing... more like dropping. And BTC flat after looking like breakout. Me very confused now :-)
Only thing looks like
BillMeyer
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@Bulls-Eye, I think the Whales froze the market. Or the Bots are recalculating or something. At least there seem to be movement again.
Maybe it was the Matrix that was glitching on us
@Bulls-Eye, Yip. Obviously we are looking at whole new whatever patter will emerge.
I think it had to do with the Japan / USA markets going a bit opposite directions for a while there...