Litecoin could not hold the lines! Now what?
Litecoin failed to hold our lines (see last post on Litecoin). We have one more critical support at $42. We break that and I am out and bearish on Litecoin again.
Good luck Litecoin longs!
Good luck Litecoin longs!
Nota
I've mistaken the stop out price on this post. It should be $40 (actually any close below $40 would be the confirmation). Sorry.Nota
Updated chart. My apologies. A close below $40 in the next few days is confirmation that we've gone bearish:Nota
Litecoin now battling to get above 50 MA and Middle Bollinger. Also there is a descending trendline (small RED) to fight against. Will all of these pressures force us down further or will we POP and SPRING ABOVE? Your thoughts please. I would like to know how the majority of Litecoin traders feel at this point? Simply comment below with either "UP" or "DOWN".
Nota
Litecoin up through one ascending triangle. Bigger triangle ahead.
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Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
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stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
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.