Litecoin found support along this 3-year long uptrend, which I know you can’t see in this little timeframe chart, but it is drawn form 2017 and it’s still valid. Right now, LTC is fighting to hold above this trend and $48 monthly support. If it doesn’t, then the price is going to drop back down to the start of the uptrend that brought this entire move together, $41.77 ($42). This is the scenario that I see playing out and buy orders along the bottom there $42 is definitely the right play to make here. Along with you guys I want to FOMO into these coins just as bad as you to make some Easy Loot, but you need to stay patient as patience is the key to successful trading. The market moves money from the hands of the impatient to the patient.
As always please do your own research, I am not a financial advisor.
As always please do your own research, I am not a financial advisor.