Litecoin could not hold the lines! Now what?

15 août 2017

Litecoin failed to hold our lines (see last post on Litecoin). We have one more critical support at $42. We break that and I am out and bearish on Litecoin again.

Good luck Litecoin longs!

15 août 2017

Note

I've mistaken the stop out price on this post. It should be $40 (actually any close below $40 would be the confirmation). Sorry.

15 août 2017

Note

Updated chart. My apologies. A close below $40 in the next few days is confirmation that we've gone bearish:

17 août 2017

Note

Litecoin now battling to get above 50 MA and Middle Bollinger. Also there is a descending trendline (small RED) to fight against. Will all of these pressures force us down further or will we POP and SPRING ABOVE?

Your thoughts please. I would like to know how the majority of Litecoin traders feel at this point? Simply comment below with either "UP" or "DOWN".

18 août 2017

Note

Litecoin up through one ascending triangle. Bigger triangle ahead.