david_ceballos

LTCBTC - Ready to keep going down

Short
david_ceballos Updated   
BINANCE:LTCBTC   Litecoin / Bitcoin
The daily downtrend in Litecoin remains, and the multiple convergence in different time-frames (daily/hourly/5 minutes) show the strength of the selloff is high, and we can expect lower levels for the next days.
Comment:
Nothing new, and the downtrend remains active.
Trade closed: target reached:
Nice Bullish trend in the currency, making profits for the decrease in the BTC in USD dollars valuation, but also and additional 50% decrease by relative value.
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