Altcoincon

LTC BTC short term bounce

BITFINEX:LTCBTC   Litecoin / Bitcoin
LTCBTC short term on a downtrend, bearish ema cross on 4h, will probably bounce in the green box (rsi close to oversold, sell volume falling). If we trade down to the blue box it should be a good support (daily trend support) and could probably lead to a trend reversal (daily chart is still bullish looking on the ema/trend support).

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.