Is it time to sell LTC as death cross just occured?

As you may already know, a "death cross" occurred on the LTC/USD chart on June 19th, 2021. This is a technical analysis term that refers to when the 50-day moving average crosses below the 200-day moving average, indicating a potential trend reversal to the downside.

This is not something to be taken lightly, as it could be a sign of further losses for LTC in the coming weeks and months. As investors, it is important to be aware of these indicators and make informed decisions about our holdings.

Therefore, I am urging you to consider selling your LTC holdings currently. While it may be tempting to hold on and hope for a rebound, the death cross is a strong warning sign that should not be ignored.

Of course, it is ultimately up to each individual to make their own investment decisions. However, I believe it is important to share this information with the community and encourage everyone to take a cautious approach.

Technical IndicatorsLTCLTCUSDltcusdanalysisltcusdidealtcusdlongltcusdsellltcusdshortltcusdsignalLTCUSDTMoving Averages

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