Time to buy LTC, with a reasonable stop loss
Looking at the monthly graph (Bitfinex prices), LTC seems having reached a bottom of 36.1 USD at the end of the previous month, with RSI and MACD indicators starting inverting their trend.
Although the month just started, as a mid-long term investment I consider this a good moment to enter, or start accumulating LTC, with a stop loss currently set at the minimum of this month, 38.96.
Although that stop now means a 13% loss, the possibility that a big long-term rebound reaches the area 127-146, top of the last year, could bring a profit of up to 224% (!).
Let's see...
Although the month just started, as a mid-long term investment I consider this a good moment to enter, or start accumulating LTC, with a stop loss currently set at the minimum of this month, 38.96.
Although that stop now means a 13% loss, the possibility that a big long-term rebound reaches the area 127-146, top of the last year, could bring a profit of up to 224% (!).
Let's see...
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