Litecoin being a great Sh*tcoin

Hello people

Charlie Lee, your neighbours told you about the upcoming halving and the possibility to pump your account by a nice X10 at least
You listened their advices and now... here we are... again
The halving won't only divide the miner reward by 2 but a lot of crypto investors accounts as well

Sorry for publishing this a bit late, I didn't take that trade and forgot to set the alerts on LTCUSD on the daily chart (dump top author telling his audience about opportunities after it happened...)

LTCUSD looks quite bearish now. We broke the blue supertrend (last week) and the moving average (2 weeks ago)

I would wait for a solid confirmation before buying back and running with the ponzi again

Best
Dave

Comment:

Time to pay attention
Re bullish above 114-ish if we close in daily above the SMA 20 weekly - then it will change its color and be displayed in green
If that happens, protect the position quickly as the overall structure is not 100% bullish yet
SMA20 weekly pointing downwards is a bearish signal but a LONG trade well managed can be tempted once in any case