The data does not look good for LTC. I would strongly reconsider holding this asset over the next six months in your portfolio.
Nota
My view remains unchanged. LTC is now heading toward max fibo support. After that there is support at 0.010000 BTC. From there its game over...Nota
All you Litecoin'ers! Pay attention to this chart.Nota
Litecoin investors please pay attention to this chart :SNota
Wahoooo!Nota
Touched support at 0.010000 BTC. We should watch to see if we bounce or breach this level as this will reflect in the LTCUSD pair.Nota
We've hit the support zone here, which will give some stability in the LTCUSD chart..Nota
The big question now is whether or not the H&S will activate...hmmmNota
Let's take a closer look here:Entering and breaking through the key fibo box could lead to a break of the major key fibo! That would activate the gigantic head and shoulders :( There is a trendline there, though, so that adds support.
Lets watch what happens here:
IF we get a bounce from the fibo levels or the trendline we may have a nice buy opportunity. :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.