I am beginning to wonder if this will pull back below the all time low of 23?
I have been watching this go down for a long time now. So much sell volume as of late and it makes me wonder how many sellers are left?
Could be a double bottom but too soon to confirm.
No recommendation/just watching.
I know we can not predict the weather, but we can know if it is raining today.
There may be a lot of supply, or buyers at this level as it has been lingering in the oversold region of RSI for a bit too long. Possibly folks who bought overhead are in a panic, dunno. Those who bought here feel they need to break even are also panicking. Hard to know. But eventually LTCN will run out of sellers and there will be buyers coming in. Just when is the question?
I have been watching this go down for a long time now. So much sell volume as of late and it makes me wonder how many sellers are left?
Could be a double bottom but too soon to confirm.
No recommendation/just watching.
I know we can not predict the weather, but we can know if it is raining today.
There may be a lot of supply, or buyers at this level as it has been lingering in the oversold region of RSI for a bit too long. Possibly folks who bought overhead are in a panic, dunno. Those who bought here feel they need to break even are also panicking. Hard to know. But eventually LTCN will run out of sellers and there will be buyers coming in. Just when is the question?
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I just read an article about LTCN. There is share dilution and an unlocking of shares as well. This will most likely go even lower )o:
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LTCUSD is up today and this is down which prompted me to do research on LTCN. Be safe on this one.