Continued Selling for Several Days: Major Momentum Shift to $200

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 PatternsLitecoin (Cryptocurrency)Trend Analysis

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