I have some Litecoin through a Certificate (
I have some Litecoin through a Certificate (XBT Provider by CoinShares Litecoin ETP SEK). I decided to buy more. To me it seems the risk/reward is good and perhaps better than Ethereum so I switched a small portion of my Ethereum positions (10%?) to Litecoin today. Might buy more later.
Since my last post about Litecoin it has broken out with volume.
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Higher timeframe view
Shorter timeframe view
Markets are very volatile at the moment and caution is warranted. I think I’ll put my stop just below the purple box.