aandp4life

Sell LTC Buy BTC Monthly Ratio Trade

Short
COINBASE:LTCBTC   Litecoin / Bitcoin
Red shooting star Monthly
Looks like a healthy corrective wave after a 5 month impulse

Sell LTC in ratio to buy back lower for passive scalp

MACD and Stoch inconclusive
LTC/BTC did not close above the June 2018 .016 high,

R/R 2.18
Sold @ .01444
T/P .01133(ish) and reval thereafter
The math is a 20% differential for repurchase

All in all looks like this is a setup for the LTC halving
BTC to pump to $7K bottom of the cloud and or $10k (10388) oversold value then... See monthly ichi
People will buy back into LTC just before the halving
Its a sell the overvalue asset buy the undervalue asset meme
BTC pump sell, Sell BTC at the dump to buy LTC for the pump...
This is a working premise...just and idea

See weekly idea also!!!

Profit Trading
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.