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ManjunathRGowda
Jun 26, 2017 6:32 AM

lITECOIN VS UD DOLLARS Under bears control Short

Litecoin / Tether USDPoloniex

Description

Litecoin after recent high happened last week after Charlie Lee announced that he quit working for Coinbase and will do full-time for Litecoin development market just reacted quick and too the price to $50 use a coin.
Now the chart lost the steem and the market is today overbought lost the grip in the near term support i assume the market will drop more and the major support is at $30 USD .Let's see what the market is upto Even the Bitcoin is showing total bearish ..
Comments
Maximilian108
still heading to target of sub $32 or are we seeing a double bottom / W with downward flag indicating bullish movement?

Thanks in advance, great chart
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