If you were to sell 100 LTC at 0.0208 BTC/LTC you would net 2.0748 BTC after fees
If you set a buy back at 0.020275 BTC per LTC you will net 2 free LTC from this trade, or 2% profit
It looks to me that this trend should continue until we reach the price point of yesterdays resistance ($57.5 USD), at that point it could shoot either up or down ( im guessing it will go to $65 USD next cuz LTC demand is going way up!!!)
You could also buy in now at 0.01989 (100 LTC for 1.99397150 BTC ) and then set your sell at 0.0208 ( yields 2.0748 BTC) for a quicker 3.5% profit from the trade
Happy Trading!!
LTC price looks to have temporarily bottomed at 0.01963 BTC, just under the bottom line i drew on the chart above, could be heading up now, changed my sell point to 0.020875 BTC, im going to go to bed now and hopefully when I wake up the price is less than 0.02087 and my coins have sold and i have 2.08228125 BTC in my bittres wallet!!!
Cheers, will update this post or make a part deuce in the AM!!
