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ehanuise
Jun 8, 2018 7:31 AM

LTCUSD in purgatory hell 

Litecoin / U.S. dollarBitstamp

Description

LTCUSD still going back into the triangle, after a couple tests downwards. There are several support/resistance levels at play here : the long term triangle (yellow), the new upwards channel (light green),, resistance of the EMA200 (purple) and the $115 support level. The sideways could go for a while and we need a clear break above $125 or below $115 for an actual new trend to emerge. Make sure to wait for a confirmation before you engage in any big trade.
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