LTC/USD - Seems $100 Litcoin is on the menu soon!
This weekly view of Litecoin shows that we're likely due to see LTC fall to $100 again before any significant support can reverse this downtrend.
We have some support at $140, but I am not convinced, particularly when MACD on weekly did a negative cross... that is... bad.
Hence, if anyone is bullish on Litecoin right now, they need a new pair of glasses.
Bias is bearish and we can re-assess once around $100.
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We have some support at $140, but I am not convinced, particularly when MACD on weekly did a negative cross... that is... bad.
Hence, if anyone is bullish on Litecoin right now, they need a new pair of glasses.
Bias is bearish and we can re-assess once around $100.
Like and follow if you liked this idea.
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