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ZaloRostam
Aug 5, 2023 1:21 AM

Litecoin may lose more value 

Litecoin / EuroKraken

Description

Litecoin may see further downward pressure in the coming days if it breaks the yellow resistance line which has been hit many times before, also currently the US stock market is selling off so big players might sell cryptos to have more liquidity, cover the margin call, or ......
This chart is COINBASE:LTCEUR but also you can draw the same line for LTCUSD.
What is the adage? Don't try to catch a falling banana or cat or something whatever.
I am not short but I'll wait to buy back at a lower price.
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