nagihatoum

LTC consolidation then drop

Short
BITFINEX:LTCUSD   Litecoin / U.S. Dollar
LTC trying hard to go over the BB median and the daily 200 ema but twice rejected. Looks like a couple more weeks of consolidation and then a drop to the falling channel's support.

In the unlikely case it breaks over the BB median there is the falling channel resistance, BB top and the ichimoku cloud that will stop further upward movement. Unless we see a surge in volume LTC will never moon. Volume has been declining steadily for the last two years, suggesting loss of interest by investors.

Comments

Why are you projecting?
Reply
nagihatoum moonsie
@moonsie, ltc is dead my friend, not going to make the culling, tezos and link took its place.
Reply
moonsie nagihatoum
@nagihatoum, y u follow dead coin? y u spend time charting dead coin? y u gamble on possible rises if a coin's death is certain? why risk it and waste time?
Reply
ordered nagihatoum
@nagihatoum, ok what are these shit coins?
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out