LTCUSD πŸ’² Falling Prices DOWNπŸ“‰

BITSTAMP:LTCUSD   Litecoin / U.S. Dollar
From February 2020 to March 2020, the price began to fall sharply. Only in mid-March, the price was able to resume its growth. Having reached the intersection of three lines, the price dropped and reached the support line.

As we can see, the price is bouncing off the resistance line.So I think that this time the price will go down and reach the near support line.πŸ“‰

How do you like my thoughts?)

Your Solldy.
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I see that the price has broken through the resistance line - a good indicator for growth.
Can we buy?
+1 Reply
Solldy Lingrid
@Lingrid, The price started to move down, I can't advise you to buy!
@Solldy, i would have different question.. should i sell at 64 or even higher ? :D
Solldy CryptoSnoopy
@CryptoSnoopy, The price bounced off the line, perhaps there will be a buy!
@Solldy, i knew its going UP... but not sure how high :D ltc is in possition to make 100% not "only 20"... :P
Nice bearish scenario. πŸ»β€β„οΈπŸ™πŸ˜ŠπŸ˜ƒ
Everything is according to plan, very good.
Solldy DeGRAM
@DeGRAM, Thanks a lot!
Thanks for the analysis.

I think LTC pullback in the short term. For long term, it is bullish. From your chart, look like it will back to around 49. I am not sure will back so low? However, if pullback to 50-49, definitely, it is good chance to reload it again.
Solldy hello_aaron
@hello_aaron, Thank U!
Tomorrow there will be a new idea, I will wait for your comment πŸ’²
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