quantguy

Dip to Buy in Litecoin?

BITSTAMP:LTCUSD   Litecoin
Litecoin is ranging after a gigantic selloff on the 11th. It has not retraced this selloff as well as some of the other cryptos. In fact, it is looking quite weak. Although it is ranging, establishing footing in the mid $100's, it odes appear to be forming a head and shoulders pattern. This is pretty ominous. Additionally, the Kovach OBV has registered an extreme amount of selling pressure that has since subsided, at least. If it does break down, $130 and $117 will provide support and good levels to buy back.

Join my discord at discord.io/quantguy
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.