Context : The great LTCBTC sine wave rested on support (0.01 BTC) in May-June 2017, before above highs of 0.02 in July. August saw LTCBTC trending downwards to touch on the 0.01 BTC support again before returning to around 0.018 BTC.
In September, LTCBTC has been trending downwards - and we may see this downwards trend continue back towards the support zone around 0.01 BTC, before a potential reversal - back to 0.018, or even as high as 0.02 BTC.
An appropriate trading strategy could be to buy in at around 0.01 BTC and take profits at 0.018 BTC or 0.02 BTC.
*Special thanks to @Faboose for inspiring this idea's title :)
In September, LTCBTC has been trending downwards - and we may see this downwards trend continue back towards the support zone around 0.01 BTC, before a potential reversal - back to 0.018, or even as high as 0.02 BTC.
An appropriate trading strategy could be to buy in at around 0.01 BTC and take profits at 0.018 BTC or 0.02 BTC.
*Special thanks to @Faboose for inspiring this idea's title :)