Litecoin Time to Buy

The market drops to SMA100 and the support zone which is formed by 55.00 and 50.00 levels. It's good correction of the previous upward movement. In spite of all indicators confirm downward movement, it's possible to buy in order to build long positions. Pending orders should be placed above 55.00 level. Stop orders can be below 47.00 level. The main thing in such trading - follow money management strategy. Don't invest all money in 1 trade. Have free money for buying on lower levels. If the market breaks below SMA100, the next support zone will be near 36.00 level.