Andbcoin

LTC Bearish

Andbcoin Updated   
COINBASE:LTCUSD   Litecoin
Candles below Kumo.
Chikou (pink line) has crossed the candles, it’s below Kumo and has crossed the price span (red line if you can appreciate it).
Chikou broke the previous support.
One-day candle below the support.
LitePay failed to launch.

Headed to $127-$128.

Still thinking it goes up?
Comment:
Sorry, the Fibonacci retracement I placed moved when zooming and it’s not set at the right place.
Comment:
LTC will not break the resistance. The line that worked as a support is now a resistance. Wait for the price to get lower.
Also, Ichimoku showing red and bearish Kumo.
Comment:
It did it. Broke the support at $127 and now it goes to $106.

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.