AbuSalihh
Long

LTC - good entry point

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
LTC is a good choice for an altcoin to invest in with the intention to make some money after the BTC fork. It has a very strong community and big potential.

But most interesting is the strong support indicated by the green ellipse in the chart.
We have a long term trendline as a support - the 50 and 100 day moving average are also heading to that point - so we can see immense support at that point.

Therefore, I regard investing into LTC to be not that risky at all - with a strong support - and with big potential.

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