NerubicaCrypto

#litecoin #ltcusd - Will the "3D Ichimoku-Cloud" hold?

BITSTAMP:LTCUSD   Litecoin / U.S. Dollar
Litecoin is not having a party here. It failed to overcome the $100, after that it broke down the support-level and now it is facing a potential E-to-E on 3D downwards whilst the cloud is ALMOST already bearish .
Something big needs to happen here to save Litecoin from a major down-trend. On top of that Litecoin does have some influence on the price development of other altcoins, so this is not only important for LTC.

Assuming that BTC is going to make a bigger move: Recently Altcoins were not performing well, so no matter what direction Bitcoin goes, Altcoins look due for more shorters coming in. Be careful if you are "hodling", the further the price decreases the LONGER the way back up will be.

Let´s see if this minor support + 3D-Cloud holds! If not next targets would be between S1-Q and the breakdown-level around $68.

_______________________
Warm regards,

Neru
Comment: Litecoin hitting minor support-level whilst Bitcoin moves:

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out