johnle0394

LTC still bearish

Short
BITFINEX:LTCUSD   Litecoin
LTC had a nice short term bull run and hitting a 1:1 extension. However, I see a heavy rejection from the resistance line and the 200 EMA and expect a heavy downfall to test the previous yearly low.

We'll probably see a pull back between $44-47 ranges and down we go.



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