Litecoin LTC will be having an airdrop of Litecoin Cash which the developer of Litecoin labeled as pure scam and at this point we are of the same thinking.
HIGH RISK FOR SHORT TERM TRADES
Source - goo.gl/dCfUaJ
We are personally staying away from this trade. We do have Litecoin in our portfolio, but will not be adding on due to this airdrop - ETC airdrop is much more important then this.
Do not invest what you can't afford to lose. We are not you financial advisors, if you don't know that already!
HIGH RISK FOR SHORT TERM TRADES
Source - goo.gl/dCfUaJ
We are personally staying away from this trade. We do have Litecoin in our portfolio, but will not be adding on due to this airdrop - ETC airdrop is much more important then this.
Do not invest what you can't afford to lose. We are not you financial advisors, if you don't know that already!
Trade active
High Risk trade activated - enjoy thisNote
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Target 1 reachedNote
Retraction point is achieved - trade must be changed to long termNote
As we get closer to airdrop, price actually goes down... interesting ha? That's because this is a 'scam' airdrop which means that people will not value Lite Cash therefor we will be moving into medium to long term tradeNote
RSI indicates neutral or slow movementMACD indicates possible move up within 12 - 16 hours
Note
This is now a long term trade
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.