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MagicPoopCannon

Litecoin showing some bearish signs!

Litecoin (BITSTAMP:LTCUSD)  
MagicPoopCannon  
BITSTAMP:LTCUSD   Litecoin
Trend Analysis Chart Patterns Technical Indicators
11
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trendanalysis chartpattern indicator
HI friends! Looking the four hour chart, we can see that litecoin is breaking support, and is about to have a bearish crossover on the MACD. Look for prices to tumble down to the 38.2% retracement level (around $265) and potentially down to the rising 50 EMA (in orange.)

***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***

-JD-
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