LITECOIN RIPPING FACES OFF AS IT LEADS CRYPTO MARKETS UP

GOOD AFTERNOON STEEMIT,

It’s just another standard, warm summer’s day in Sydney and the beach is once again calling my name.

The only thing that beats a late, summer afternoon swim in the refreshingly temperate Pacific Ocean, is a Litecoin pump. Oh and will you take a look at that. Pump, pump, pump it up!

LTC/USD Daily

Remember last week when I featured Litecoin’s launch of LitePay? I’ve been watching price straddling trend line resistance for a while and after retesting that horizontal support/resistance level at $104, the opportunity to take a low risk, high reward long was there.

Well congratulations and happy days if you took the trade because you’re sure sitting pretty now. Just take a look at the intraday price action:

LTC/USD Hourly

That is STRENGTH!

Today’s price action hasn’t even given us a chance to add into our position because there have literally been no intraday pullbacks into previous short term resistance turned support. Strength, strength, STRENGTH!

While I’m swimming in the ocean, I hope you’re enjoying swimming in your profits. 🌊😎

Best of probabilities to you.

Peace ✌🏻.