So it's been a crazy 48 hours with BTC bleeding the alt market but a recovery is near. I like to think of these times as a great opportunity to buy altcoins on sale. one of my favorite alts BITTREX:LMCBTC is looking ready for the rebound. Like many alts at the moment it is very oversold on multiple timeframes and finding its bottom (for the moment). Like many...
LMCBTC looks to have definitely found its bottom at the 570-560 price level and has begun to rally. If significant breakout occurs LMC has a long ways up it can run. Hope you guys are in this one.
BITTREX:LMCBTC is finding its bottom. Currently resting in a strong area of support but looking ripe for an upward move. s3.amazonaws.com This support level is also well established on the daily if you're interested in a good entry for long term trade. Entry: 570-590 Target: 700 TP1: 650 Stop: 540