Litecoin update

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.

To view a larger image please right-click on it and select open in a new window or tab.

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.

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