An update on one of our favourite coins - LTC!
So what does this chart show us ? We can see that we peaked at 180$ following a bull run, which was indeed predicted in our free telegram down below. Other coins which we also successfully predicted bull runs for are IOTA, XRP, ETH etc. Anyway, we can see that price saw a rejection from the 180$ zone. RSI bounced downwards of the red line, which has somehow acted as an average - there clearly wasnt enough bull momentum to break above this zone. This rejection led to price now being at below 160$. I believe we will see continual drops in price to the 120$-130$ zones shown by the blue boxes - Here we see support on our price chart, aswell as, the RSI and MACD charts.
We can see the same sort of bearish activity on BTC and there is a high likelihood of 7k again.
Your favourite bull and bear ;)
So what does this chart show us ? We can see that we peaked at 180$ following a bull run, which was indeed predicted in our free telegram down below. Other coins which we also successfully predicted bull runs for are IOTA, XRP, ETH etc. Anyway, we can see that price saw a rejection from the 180$ zone. RSI bounced downwards of the red line, which has somehow acted as an average - there clearly wasnt enough bull momentum to break above this zone. This rejection led to price now being at below 160$. I believe we will see continual drops in price to the 120$-130$ zones shown by the blue boxes - Here we see support on our price chart, aswell as, the RSI and MACD charts.
We can see the same sort of bearish activity on BTC and there is a high likelihood of 7k again.
Your favourite bull and bear ;)