thunderpreacher

LTC BEAR MARKET THREAT DEVELOPED...CLOSELY MONITOR....

Long
COINBASE:LTCUSD   Litecoin
10
This is not something unusual however in the crypto market which is supposed to be more of a free market it may be corruption has set in with naked shorting. If this is the case then this market will turn into a market very similar to the stock market and futures and will indeed no longer be the free market and decentralized that it is promoted as being. This really needs to be closely monitored now.

LTC breaking below $40 here along with BTC and ETH reversing is beginning to show signs of temporary concern.

Is this a buying opportunity? Not necessarily however LTC looks better than BTC and ETH which may indicate that LTC is actually a RELATIVE SAFE HAVEN compared to other cryptos.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.