Tom Demark count gave a red 2 on the daily chart. This is a clear sell signal. Moving average convergence divergence also confirms this. I expect LTC bear trend to continue up to 6 more days till we reach red 9.
Scenario1: Price will drop till 86.692 (fib 0.382) and bounce from there. Scenario2: Price will drop till 80.566 (fib 0.5) and bounce from there.
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JonathanHarvey
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How’s that btc bear call going?
willfang84
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As of 11:41pm ET on December 8th, 2017 the price is at an all time high and the relative strength index is only at 69% with very low selling resistance. If it tops to 100% of stochastics RSI, I think it will be at a price point of $189.
devridevran
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125 oldu hocam super bit ongoru
e2e4mfck
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"Tom Demark count gave a red 2 on the daily chart . This is a clear sell signal."
No, it is not. When the setup gives you a red2, you want to see a red3 trading below the red2's low. And this would be a short signal.
Bateman76
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nonono, its not just TA, it's listed on a big Korean exchange, so the whole thing is rubbish..