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Litecoin
Short

LTC respecting 4hr ema

141
The 55ema on the 4hr has finally come down to meet LTC at the $98-$100 range. So far LTC is respecting this resistance, occasionally wicking above but not holding. I suspected continued downward pressure to finally knock LTC to the bottom of the current bearish channel. Additionally, RSI is trending up while price remains level. This previously forshadowed another drop. Personally I can't wait to snag some $80 litecoins!
jaysag33
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Chart PatternsLTCTrend Analysis

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Chart PatternsLTCTrend Analysis
jaysag33
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.