Denzoss

LTC - Anything Over $110 is NOT Safe

COINBASE:LTCUSD   Litecoin / U.S. Dollar
What's up everyone, LTC squared up the 160$ candle but dont get fooled its direction is still down and it will keep going down as long as BTC             is dropping. It's not strong enough to fight the 200B market of BTC             . The next square up ''safe'' bounce we could be seeing is at $110 but If BTC             drops to sub $6 000 there is NO WAY LTC wont drop below $100.


I would suggest getting out of this one right now.


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Really? Look at the LTCBTC chart. It seems to be gaining on it quite rapidly.
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We've been calling for $97 for over a month now and that's not even with what we consider a MAJOR drop in BTC. You're 100% correct.
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