BITFINEX:LTCUSD   Litecoin / U.S. Dollar
LTCUSDT formed inverted head shoulders pattern
Golden Cross
Oversold
RSI - oversold
We touched support line of bullish flag
Mar 05
Trade active

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Comments

Very unlikely, $30 first
+6 Reply
Amjadsid moonsie
@moonsie, hmm
+2 Reply
moonsie Amjadsid
@Amjadsid, :rage:
+1 Reply
no cup and handle?
+3 Reply
Hope we will touch the lower
$40th . Still have the open gaps on the way down . IMO to early to bounce that hard...
+2 Reply
Politecoin AlexZverev
@AlexZverev, theoretically, yes it does seem a bit early to start the bounce...but it is litecoin. Ltc does tend to set the tone often times, so a violent move in either direction wouldn't be shocking. I can image it going further down, but its so oversold as is. I had imagined 50-52$ would be the landing spot, but 57$ seems to have stopped the bleeding for now. Time will tell.
+3 Reply
mezase Politecoin
@Politecoin, Litecoin is a dead, irrelevant coin, it will just follow the rest of the market... cuz bots
+2 Reply
@mezase, thanks for your analysis. i'll write about it in my journal tonight.
+6 Reply
Hansdolo83 Politecoin
+1 Reply
baker13 AlexZverev
@AlexZverev, no way dude, 47$ ATH from 2013 pretty hard place to brake + take a look on ltc/btc chart ;)

+2 Reply
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