BUYING THE DIP ON #Litecoin not so fast spot traders
There is this fascination among crypto traders and it popular among youtubers of "Buying the dip". There is difference between buying the dip and hodling into losses.
If you are a spot trader go on the daily and look for "pins", I have showed an example in #Ltc🔥🔥 . Every PIN is a point the coin MUST RETEST.
If u look at the chart, you will see that for the last 4 months(what is shown) every pin has been retested but 1. That pin is 49.50, so even if #Litecoin goes to $100, as a hodler or investor the best deal is to wait for 49.50.
This also will help because even if dips lower, when the coin goes up again it will
always go to retest the previous pin(which would be the price you entered).