LTC to 31 USD bearish scenario

Litecoin / DollarBitfinex

Description

⋅ Aug 1, 2019 8:05 AM

55 EMA crossing 200 SMA on the DAILY time frame

what we are seeing is a charge in behavior and LTCUSD is probably going down to previous lows ( 30-42 ) IF the following happens : 55 EMA cross 200 SMA followed by the death cross ( 50 EMA crossing 200 EMA )
I know its too early to take this scenario into consideration but its important to keep this in mind and I give it 50.1% chance.
PS: when trading moving averages i put more weight on the EMAs.

Technical Indicators Beyond Technical Analysis Litecoin (Cryptocurrency)LTC LTCUSD LTCUSDT litecoinusd

Comments

i8myapl

⋅ Aug 1, 2019 7:17 PM

Wrong! Just formed cup and handle. Short term 110.

SwingingCrypto

⋅ Aug 2, 2019 4:32 PM

lmao ok

TheMentalTrader

⋅ Sep 25, 2019 9:23 AM

@ROB.ltceastcoast, you still lyao ???

SwingingCrypto

⋅ Sep 25, 2019 12:52 PM

@imadmoussaid, yeah actually. I called $48 bottom after halving back in January. LMAO. Only thing I got wrong was the top. I figured $105-115 range.

TheMentalTrader

⋅ Sep 25, 2019 2:44 PM

@ROB.ltceastcoast, fair enough

trademaster1969

⋅ Aug 1, 2019 8:27 PM

LOL --- all bears go to Heaven and back in the cave.

SummerSmile

⋅ Aug 1, 2019 8:24 AM

TODAY is start growing !!

TheMentalTrader

⋅ Aug 6, 2019 10:20 AM

@SummerSmile, I don't care what its doing today or tomorrow

TheMentalTrader

⋅ Aug 6, 2019 10:21 AM

@imadmoussaid, I'm talking medium term

SummerSmile

⋅ Aug 1, 2019 8:23 AM

It is forming "RIGHT SHOLDER" ->> Please tell to your people who pay to to post fake info that they waste time and money to convince people that LTC will die. ;) LTC WILL GROW, AND WILL BE THOUSENTS OF DOLLARS!!