pietersielie

LTC is looking very bearish, target 35 usd

Short
pietersielie Mis à jour   
BITFINEX:LTCUSD   Litecoin
LTC is looking very bearish, target 35 usd
Commentaire:
91 usd support broke as expected, next stop 70usd is what i'm expecting.
Commentaire:
price bounced on 72 usd, looking at a retest for 89 usd before further downside continuation
Commentaire:
Commentaire:

Target of 89 dollars hit, we are seeing a inverted hammer candle on the daily, bulls seam to be losing steam at resistance, i'm looking at price to make its way down to 70 usd, but ltc is looking quite oversold, and thus im of the opinion we will see some consolidation first before the next move. As BTC is the dominant currency in crypto, if it manages to break 6800usd, ltc would be looking up at 100usd. Im keeping a close eye on the bullish behaviour off the lows. Ill keep you updated, Good luck and happy trading!
Trade fermée manuellement:
btc broke 6800, looks bullish, it would be foolish to let ltc stay short
Commentaire:
35 usd hit on kraken, bitfinex doesnt count anymore wither not being 1 to 1 to usd.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.