POLONIEX:LTCUSDT   Litecoin / Tether USD
The price breaks the support line of a pennant chart pattern. We have a signal that the market is going to move lower. MACD confirms downward movement. The next support zone is formed by 55.00, 50.00 support levels and SMA50, SMA100. Probably this zone will be a starting point for a new upward movement. We should watch closerly for price action at this zone and wait for price reversal signals. Based on these confirmed reversal signals we'll be able to open long positions.
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Idea Berkaitan

how low are we going?
Balas
@jbotos, I see low $40s will complete this bear trend.
Balas
nice chart, next stop 55 for sure
Balas
Looks like capitulation.. . will wait until despair before buying back in..
Balas
I bought at 78$ :"( .. going to hold till I die.
+4 Balas
i think all altcoin now depend on btc, if btc rise up ltc will rise and otherwise fall down
Balas
piotr1985 ThienTran
@ThienTran, Yes, I agreed it. The charts look very similar
Balas
I sell my positions ?
Balas
MikeOne bingbang199
@bingbang199, It depends at what price you have entered?
+1 Balas
@MikeOne, 243€
Balas
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