Wetdog544

Wait for further lows on #LTC

Short
BITFINEX:LTCBTC   Litecoin / Bitcoin
#LTC is forming a Symmetrical triangle. The RSI is under 50% and going down. The MACD is below zero and going down. It is likely that #LTC has still not seen its low point. It would therefore not be a good idea to trade with #LTC at this stage as there is likely a further break down of the price towards the bottom of the triangle.

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