TradingView
OldManGrumbling
Feb 2, 2018 10:47 AM

Opportunity Knocks LTC/USD Short

Litecoin / United States DollarCoinbase

Description

We are not far off a full retrace to where we started all this moon madness. Now we are approaching the bottom of the downward channel on the 4 hour chart AND the November support. $75 could be an opportunity but I'd need to see the MACD indicator turning up on some volume. Be careful.
Comments
OldManGrumbling
That should have read $80. If that fails it's down to $50 or below I'm afraid. Not advice, just my own ramblings and thoughts. DYOR and make your decisions, then review them and learn. Don't blame others, take responsibility!
More