nnichos

LTC USD bounce or no bounce

nnichos Updated   
COINBASE:LTCUSD   Litecoin
Low volume, gdax is down with BTC, Stock RSI on 4 hr is slowly crawling up without substantial price action. We might not see a price higher than around 64.
Comment:
Just noticed, that blue line above is a 100 week (idk why I have it there, must be a reason). And the green line is 200 MA, which crosses it down....it's not looking good. Seems like we are not going up too much from here..
Comment:
Sadly we didn’t even get a double top before sinking down.
New target 53.5.
Not a quitter here.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.