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Continued Selling for Several Days: Major Momentum Shift to $200
Litecoin
Continued Selling for Several Days: Major Momentum Shift to $200
By KevinBCookca
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Dec 22, 2017
1
Dec 22, 2017
Now that the bullish exuberance has been snapped, Litecoin can see selling all the way down to the 50-day below $200.
Institutional dip buyers, like those that had orders in below $225 for that mini "flash crash," will sell rallies.
It's Buy Thy Dips and Sell Thy Rips until the dust settles for Bitcoin (
12K
? 10K?) and sentiment favors long-term buyers.
Bitcoin (Cryptocurrency)
Chart Patterns
Litecoin (Cryptocurrency)
Trend Analysis
KevinBCookca
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