AlanSantana

Litecoin | Not Ready, Not Yet

Short
BITFINEX:LTCUSD   Litecoin
We have a strong rejection on the 7th November for Litecoin (LTCUSD) and we are currently seeing a continuation of this move...

Litecoin together with the rest of crypto/Bitcoin, is not yet ready; Wait for the bottom.

We can see a lower high 20-Nov. compared to 7-Nov. and today a break below EMA10.

This tells us that lower support levels are likely to be tested in the coming days.

We will give you the charts once the bottom is in, so that you can take advatange of maximum potential and long-term growth/gains but Litecoin is not ready yet.

The support levels are marked on the chart.

Thank you for reading.
Thanks a lot for your support.

Namaste.

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