PatMoar

Litecoin $LTC - correction should start soon

Short
COINBASE:LTCBTC   Litecoin / Bitcoin
Litecoin has hit the resistance trendline at around 0.007875 and corrective wave 4 may start from here.

Re-entry at / below 0.0071

Indicator signals @ 1D TF:
- SochRSI bearish crossover
- very high RSI and MFI levels
- bearish crossover at Wave Trend oscillator

90% long positions = very optimistic sentiment -> sell signal!


I´m not a financial adviser. For educational purpose only!

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