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Wetdog544
Mar 19, 2018 7:02 AM

Wait for further lows on #LTC Short

Litecoin / BitcoinBitfinex

Description

#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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