Litecoin LTC will be having an airdrop of Litecoin Cash which the developer of Litecoin labeled as pure scam and at this point we are of the same thinking.
We are personally staying away from this trade. We do have Litecoin in our portfolio, but will not be adding on due to this airdrop - ETC airdrop is much more important then this.
Do not invest what you can't afford to lose. We are not you financial advisors, if you don't know that already!
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High Risk trade activated - enjoy this
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Target 1 reached
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Retraction point is achieved - trade must be changed to long term
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As we get closer to airdrop, price actually goes down... interesting ha? That's because this is a 'scam' airdrop which means that people will not value Lite Cash therefor we will be moving into medium to long term trade
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RSI indicates neutral or slow movement
MACD indicates possible move up within 12 - 16 hours