To Short or Not to Short?

Well, I had a line drawn where I felt we would begin to pull back. It appears we are on that line. It sure looks like we are over-extended and ready for a retracement. I like LTC and wish this crypto well in the future, unfortunately, we are highly correlated with BTC, and it appears BTC is heading for a retracement, so LTC will follow like a good little crypto. I wouldn't buy at this level and any investment in LTC should be small amounts at lows you have previously defined. I do not feel we are out of the bear market quite yet. 2019 is going to prove to be a volatile year in cryptos, so strap yourself in and get ready for the ride!

All the best,

Biff