Looking at our 1 day time frame chart, we can see that Litecoin is sitting right about the 61.8 level on the fibonacci. We can also see that the Megalodon indicator is giving us a buy signal on our shorter time frame chart. It is important to keep an eye on Bitcoin to see what the market as a whole will be doing, but it is certainly not a bad time to be buying into Litecoin as it has great upwards potential being at the 61.8 level compared to Bitcoin for example sitting at the 38.2 level.
The Megalodon indicator uses a machine learning algorithm, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes! You will also receive real time buy and sell signals for the stock market, cryptocurrency, as well as forex markets! We also completed our cryptocurrency automated trade bot. It trades for you, using our backtested indicator with phenomenal results! Click the link in my bio and try out the megalodon indicators today!
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