Lorenz_Capital

Setting up for a nice buying opportunity

BITFINEX:LTCUSD   Litecoin
Looks like we are about to see LTC fall through on a 15 min chart. However, zooming out to the 4h we can see that this there is still a longer - term up trend that is likely to hold. The cross- pair chart LTC/BTC can confirm that BTC is over-bought in comparison, and I suspect that as profit takers take money out of Bitcoin, it will be funneling into the oversold crypto such as Litecoin. This timing could work out nicely.

Penafian

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