welliguessso

LTCUSD - More downward movement

Short
welliguessso Updated   
COINBASE:LTCUSD   Litecoin

Looks like Litecoin might be continuing downward for the next few days.
Comment:
Looks like ltc is heading down. Very little support until ~150.
Comment:
looks like it is hesitating right now but I'm convinced it's heading down some more soon. Expecting a deeper dip than last time, possibly testing $100. Might sound crazy, and I'm sure i'll be scoffed at by all the lambo/moon/permabulls, but they've been wrong since ATH, and are only now accepting that there has been a downtrend. Still, I laugh at them when they see the price rise a little and start shouting 'to the moon'.. only for it to come back down again. It's not that hard to understand, we're in a downtrend, have been for a while now, and it's safe to expect it will continue to go down... all of crypto is completing a massive chart formation - head and shoulders: www.reddit.com/r/Lit...ary_22_2018/dt2nf0t/
Comment:
Did not expect 175 to hold this well
Comment:
It's looking like my analysis is spot on so far. I would be surprised if it stays that way, but I also wouldn't be surprised if LTC takes a dip tonight.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.