AN ALTCOIN THAT HAS ONE OF THE HIGHEST POTENTIALS IN THE CRYPTO SPACE!
Before that, let me tell you something...
So a trader asked me. Why don't you do trades a week before and after the closing and opening of a month?
Simple answer is.
Monthly buying happens if the month closes bearish and monthly selling happens if the month closes bullish.
These normally happens a week or more in the crypto market.
Even when you hype me up with major news on major resistance, it won't make me budge.
Since I know for a fact that it will just follow the same traditional way of trading (but with slight twist called volatility).
Opportunities aren't given, you open them.
Now, let's talk about LTC.
We were able to confidently enter a long position for this altcoin due to these facts:
- One of the few altcoins to attain longer accumulation period since last 2022.
- Experienced excessive decline that came from major selloffs last 2021.
- Considered to be extremely oversold and selling pressure has greatly diminished.
- Several tests were made in order to check resistance's strength.
- Last potential point of supply may have already happened and a rally may strongly occur.
These facts, we were able to enter a long trade that has enabled us to garner a total of 11.98% in profit for #LTC. Even when the market may bring down the prices lower. It would still be met with extreme levels of buying orders that could immediately make the price bounce up.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
