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laxmansuresh619
Mar 6, 2019 1:01 PM

Litecoin(LTC) buyers be careful !! Short

Litecoin / TetherUSBinance

Description

Here LTC touches resistance in 3 forms
1. Red line in chart is major price resistance where sellers with high volume can come.
2. RSI is 70+ (Overbought)
3. LTC chart moving in a parallel channel and touching channel resistance.

These are the most common and easy technical which all traders follow. If most of peoples of market follows these then we can see a sharp fall in prices.

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