LitecoinLong
Litecoin Pullback Buying Opportunity 4Sept17
At current prices, I see Litecoin as a super buying opportunity.
Now, you can wait for a more conservative entry around $64.00 but it may move up without getting lower? So choice is yours (or not take the trade at all).
I see this as a healthy pullback.
Risk Reward 3.7:1
I feel this is a load-up type of coin (if that makes sense).
Beginners: This is nicely priced coin if you're a new trader where you can just dip your toe in the water by buying just one coin, as its nicely priced.
Note: be prepared to accept a loss, don't come crying to me if it's a loser- that's trading =).
Hope this helps.
Sean Vengan
Professional Cryptocurrency Trader and Trading Educator.
Now, you can wait for a more conservative entry around $64.00 but it may move up without getting lower? So choice is yours (or not take the trade at all).
I see this as a healthy pullback.
Risk Reward 3.7:1
I feel this is a load-up type of coin (if that makes sense).
Beginners: This is nicely priced coin if you're a new trader where you can just dip your toe in the water by buying just one coin, as its nicely priced.
Note: be prepared to accept a loss, don't come crying to me if it's a loser- that's trading =).
Hope this helps.
Sean Vengan
Professional Cryptocurrency Trader and Trading Educator.
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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.
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.