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Foxvolt
Oct 11, 2017 8:14 PM

LTC retesting critical support, H/S or confirming a new floor? 

Litecoin / BitcoinPoloniex

Description

A simple look at support and resist. If we break below critical support, seeing how quickly we recover is crucial to confirming the floor, maybe even more-so than failing the retest in the first place. This is a test as to the relative market strength of LTC in relation to BTC.

Analysis done for Ghosty's Crypto Coffee Room, come join the 100% free Cryptocurrency trading and market enthusiast community. There's a free seat by the window :)
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