How the mighty Litecoin has fallen. Key supports Broken.
It fells very much like we are sitting waiting for the inevitable to happen and we drop another $12 to the golden pocket.
The market sentiment has become extremely bearish and Bullish volume is no where in sight.
Defending the 200 EMA is now the priority but haven been tested already, 1 more push by the Bears and it will capitulate like all the levels before it.
Any reversal now will be difficult given the volume of resistance levels now in play.
The market sentiment has become extremely bearish and Bullish volume is no where in sight.
Defending the 200 EMA is now the priority but haven been tested already, 1 more push by the Bears and it will capitulate like all the levels before it.
Any reversal now will be difficult given the volume of resistance levels now in play.
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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.