CryptoComes

How big can the fall of Litecoin gonna be?

Short
BITSTAMP:LTCUSD   Litecoin
Litecoin (LTC) is also unlikely to grow in a short-term case. The decrease since yesterday has made up 0.43%. On the daily time frame, the 'digital silver' is forming the Head and Shoulders pattern. In this case, the level of th Right shoulder will be at the mark at 43.25$. The probability of a decline is also supported by the bearish divergence on the RSI indicator, as well as, declining trading volume. Summing up, the bullish trend started since mid-March is about to come to the end.




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