phil.steuerwald
Long

Litecoin could not hold the lines! Now what?

COINBASE:LTCUSD   Litecoin / U.S. Dollar
Litecoin failed to hold our lines (see last post on Litecoin). We have one more critical support at $42. We break that and I am out and bearish on Litecoin again.

Good luck Litecoin longs!
Comment: I've mistaken the stop out price on this post. It should be $40 (actually any close below $40 would be the confirmation). Sorry.
Comment: Updated chart. My apologies. A close below $40 in the next few days is confirmation that we've gone bearish:

Comment: Litecoin now battling to get above 50 MA and Middle Bollinger. Also there is a descending trendline (small RED) to fight against. Will all of these pressures force us down further or will we POP and SPRING ABOVE?

Your thoughts please. I would like to know how the majority of Litecoin traders feel at this point? Simply comment below with either "UP" or "DOWN".

Comment: Litecoin up through one ascending triangle. Bigger triangle ahead.

its OK
+1 Reply
phil.steuerwald lovemusic.love.52
@lovemusic.love.52, I like it!
Reply
Yes, a lot of head fakes for LTC and Eth as well,patience will prevail! Thanks for the heads up.:)
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out