FoxTrading

LTCBTC point of decision

BTCE:LTCBTC   Litecoin / Bitcoin
LTCBTC             is heading to a major support level. with a oversold rsi on the weekly we could see a bounce here. if 0.005850 wont hold i expect a big selloff. Looking to risk reward it might be a good long here with a stop under 0.00580. if it doesnt hold the support it will make 3 year lows.

Happy trading,

Foxtrading
btc_joe
4 months ago
Agreed, had big volume spoke on weekly candle to .00612, then been real low/diminishing ever since...tells me the downtrend losing steam
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AndreyDrogal
2 months ago
Big selloff coming?
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FoxTrading PRO AndreyDrogal
2 months ago
the multi year bottom on ratio havent been taken out yet. 0.00585 is the key level to watch.
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AndreyDrogal FoxTrading
a month ago
Multi year bottom was broken. It means time for opening short position?
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