Like I said in the title WTF! Litecoin just decided to go on a freakish bull run today which normally I would be happy about, but there doesn't seem to be any real reason for this degree of movement. I sincerely hope that this volume is not because of the Litecoin Cash fork that was openly dismissed by Charlie Lee as a complete SCAM! I want to believe that people aren't that dumb :pray: Either way just keep an eye on this if you have open trades, I believe that a pull back to the $200 or even the $160 range is entirely possible.
Note
New buy targets.Note
Litecoin is pulling back now after that nice run, lets see where it finds support. I still hold buy orders at my previous targets in case support breaks.Trade active
First target reached, trade is now open.Note
looks like we're on track to see $176 range.
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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.