LTCUSD: Long term uptrend active
Updated
We start to see bullish signals in altcoins now, lagging 
BTCUSD's advance, which confirmed a long term trend during July/August.
Upside here is very good, and reward to risk is like 22 to 1. That said, I much preferBITCOIN exposure personally, given the fundamentals of 
LTC being inferior in my opinion. That said, altcoins can have sharp moves, where they briefly outperform BTCUSD, so it is of paramount importance to watch the LTCBTC ratio for a signal to buy (or sell) to ride these moves when viable.
If you're anLTC investor, hodl, cause it will go a lot higher. Probably peaking before BTCUSD, if I had to guess...But at least likely to not go down until BTCUSD tops by 1st half of 2022.
Cheers,
Ivan Labrie.
BTCUSD's advance, which confirmed a long term trend during July/August.Upside here is very good, and reward to risk is like 22 to 1. That said, I much prefer
BITCOIN exposure personally, given the fundamentals of LTC being inferior in my opinion. That said, altcoins can have sharp moves, where they briefly outperform BTCUSD, so it is of paramount importance to watch the LTCBTC ratio for a signal to buy (or sell) to ride these moves when viable.If you're an
LTC investor, hodl, cause it will go a lot higher. Probably peaking before BTCUSD, if I had to guess...But at least likely to not go down until BTCUSD tops by 1st half of 2022.Cheers,
Ivan Labrie.
Note
This dip is a long term buy opportunity. Last: 71.89Note
So far so good.Note
Note
On track, $365 next, shortly...then can hit $535.Long term target is doable certainly, perhaps much sooner than the estimated time.
Trade closed manually
Targets hit short term but looks like this one topped prematurely.Note
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