CapMoore

#1 Crypto LTCUSD Is The Worst Over?? Dec 22 2017

BITSTAMP:LTCUSD   Litecoin / Dollar
What a day! Crypto Volatility . We see price attempting to close below
the Cloud on three candles failing, Now the fourth one is currently also
fighting to stay above support. In a normal market, these long wicks
would scream for longs, but since the situation is extraordinary one
has to be cool and wait if bullish , to make sure a reversal comes. One of the
first signs would be a close above the 254.50 level. The upper inside
of the Cloud will be natural resistance from here. Technically impressive
wick showing plenty of buying power below the Cloud and around
the 200 USD mark. A candle close below the Cloud may spur further
downside though.
Yeah, I am in general agreement. LTC broke below my resistance or so I though of $260 price range and dipped ridiculously low to $200 for only seconds!!! If it continues to dip down into this weekend, I will definitely BUY! Only because I know where its going in 2018! ; ( I'm sad right now, but I will be VERY HAPPY in another month or two!
Balas
CapMoore PRO iknoxred2012
@iknoxred2012, With the pace things are moving a month seems like an eternity. Volatility attracts money, the cap will grow and with that price, I predict all things equal (i.e no government banns etc.)
Balas
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