WhaleAgents
Long

Litecoin Correction Before Mooning

COINBASE:LTCUSD   Litecoin / U.S. Dollar
Looking at our highest timeframe we see Litecoin forming a W pattern on the weekly. This weeks candle could not close above $180, and has since been falling. A bearish engulfing on the weekly leads to a drop towards $115-$120. Stochastic RSI showing bullish momentum is slowing down. Waiting for a daily confirmation before adding to any bag.

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