TheChartGuys

LTC Dumping Down Towards $100 Support

COINBASE:LTCUSD   Litecoin
LTC extreme oversold RSI levels just like ETH as we wait for BTC to get oversold to the point of a bounce.
LTC fundamentalists say Litepay was no big deal... the chart says otherwise.
High bear volume and dropping like a rock with no support for another 10%
I would look for a short term bounce holding $100 support for today, but again it is dependent on BTC.
Patient and let the trades come to you bulls, bears are entering on short term bounces, and breaks of support and doing well.
Bulls had it very easy for 8 months and now it is the bear's turn to have it easy.
Those with cash are loving how many coins they can now afford.

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