bloodgood
Long

Litecoin LTC scenarios

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
Litecoin support lines, which many times worked well, and so will in the future.

We have two scnarios.

1. LTC could bounce from upper support line, and break the downtrend
2. LTC could fall to lower support line, and also break the donwtrend

Only thing which could prevent these two scnearios, is even major crash of BTC . But this is hardly unlikely, because there is a positive sentiment, which will impact whole crypto world, starting after g20 hearing on Tuesday.

So, let's have our fingers crossed, and hope for fast market recovery.

We are heading, and drifting by 1st scenario :)
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out