LTC Net Long - Positive Cost Basis and SOPR.
LTC break above cost basis - most traders still HODL'ing with no material realised gains (profit taking) to note to date.
SOPR indicates a few pundits chucked in the towel early (refer : arrow) , but LTC is now a net long market.
My strategy
Currently, trading long the SOPR breaks and pull backs above the Cost Basis line (market net profit line).
Conditions may change, but that's like any other speculative activity - just monitor as per usual!
Best of Luck :)
#LTC #Crypto
SOPR indicates a few pundits chucked in the towel early (refer : arrow) , but LTC is now a net long market.
My strategy
Currently, trading long the SOPR breaks and pull backs above the Cost Basis line (market net profit line).
Conditions may change, but that's like any other speculative activity - just monitor as per usual!
Best of Luck :)
#LTC #Crypto
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