Post
Topic
Board Altcoin Discussion
Re: Long, Short or Hodl for LTC?
by
bitkanu
on 07/02/2021, 05:11:42 UTC
LTC-USD is bullishly diverging, while LTC-BTC has already gone up due to bullish divergence. As most (real) trade volume is against USD(T), you'd expect rather the USD pair to have gone up. Maybe it follows. keep on ur mind that it's usdt price depends whether btc is stable above 30K,I love to trade ltc-btc pair,wait to enter at 42K-45.5K sat range
Agreed, that's what I'm thinking about that but bitcoin is not able breaking 41k resistance again. it may be jumped back again to the 32k - 30k range. If we are using LTC-USDT trading pair and it will always need to adjust with the bitcoin price. That means when bitcoin goes up and we will be losing money although the price of LTC - USDT pair was going up.

Is not it too high? This time litecoin was around less than 40k sat.
Long is better for litecoin.