WhiskeyTangoFoxtrot3

Litecoin Above 50 day EMA, But RSI and Stochastic Close to Sell

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
This chart points to a number of conclusions. First, Litecoin is obviously the best performer over the past few weeks and if we extend this to November 2018 its still the best performer. Second, price action is still moving above the 50 day exponential moving average , so that's good. However, RSI is close to sell and also the stochastic oscillator is flashing sell. If you were smart enough to get in at November and hold it until now, then I would suggest to sell and enjoy your profits. We could go higher, but if November was your entry then definitely get out now. For those who did not enter in November, I would be cautious in the short-term.

I have many more words and charts on Litecoin and its performance compared to other cryptos here if you're interested: https://anthonylaurence.wordpress.com/20... and feel free to check out any more of my content here: https://anthonylaurence.wordpress.com
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