RandyMan

Litecoin Plummeting Below $110?

BITFINEX:LTCUSD   莱特币
I'm a newbie so don't break my heart folks, if you can tell. Notes mostly so I can look back an see my growth, if any. But here we go.

After days of sideways movement Litecoin finally started it's decent. Now at 120 and still bearish with the RSI falling off a cliff it's looking like the fall will easily hit support at around 112 (Green tredline). Yet, it's 5:35am EST so I'm thinking the drop may very well continue to 105 or a bit lower like back in April's crash.

But I pulled back around a month ago, patiently waiting for an opportunity. One's got to be right around the corner!


RandyMan
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