From what we’ve seen over the last few days, it is a question of what happens with BTC. If it tests 11k zone or goes further down, LTC buy opportunity will be there. I am looking at 160 - 180 buy entry. Maybe optimistic but as you said patience.
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Selling seems weak now and I see bulls creeping in. price action is also near the 618 FIB level, expect a rebound soon. Best of luck