CoinMajesty

LTC pump incoming

Long
CoinMajesty Updated   
POLONIEX:LTCBTC   Litecoin / Bitcoin
The wait has been worth it. And it will be way more once Litecoin starts pumping within a week.

First TP is 0.026.

Good luck :)
Comment:
I am starting to think there could be another dump before it pumps high. Let's wait and see.
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LTCUSDT vs LTCBTC


The red line is LTCBTC. One looks pretty high and about to break up and the other one about to break down. The only option for this to happen is Bitcoin to pump so LTC would go up in USD value but would drop in BTC value.
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LTCCNY looks quite good though.

Trade active:
China bullish, the west bearish. Compared to other coins and considering the level of uncertainty, I decided to sell 66% of my LTC and buy NAUT, VTC and DCR.
Comment:
I will buy more in once a bottom is confirmed.
Comment:
Seems to me the bottom will be the black line below the current trend. Let's wait and see. It should be like 0.9.
Comment:
0.009*
Comment:
So far my conclusion about LTC is that it will pump USD wise in the following days, but BTC wise, it's going to dump.


LTCUSDT looking bullish.

For the record, I ended up buying 6% in VTC and holding 60% in BTC. The rest 33% is still in LTC.
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LTC has got to break this resistance for a proper breakout. Otherwise, it's just a fakeout just like the previous ones.

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This idea will continue here.


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