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LTCUSD Severely Rejected; Will Drop to $28
LTC was the worst performing coin and did not even close above $60 for 2 days. Mimble Wimble is delayed again, which shows there is little interest/development going on.
Weekly will once again close below resistance and there is 95% chance LTC will drop to $28 while other coins will continue to rally.
It is pretty much over for Litecoin: nobody is buying it, everyone is selling every rally at every technical resistance because they don't see it having a future.
After $28, there is a big chance LTC will drop to $8.
LTC was the worst performing coin and did not even close above $60 for 2 days. Mimble Wimble is delayed again, which shows there is little interest/development going on.
Weekly will once again close below resistance and there is 95% chance LTC will drop to $28 while other coins will continue to rally.
It is pretty much over for Litecoin: nobody is buying it, everyone is selling every rally at every technical resistance because they don't see it having a future.
After $28, there is a big chance LTC will drop to $8.
Comments
-Tide
Ever heard of correction and pull backs?