The weekly candle seems it will close red. It is the second weekly red candle after rejection from resistance. Bearish trend is confirmed with RSI crossing below %53.33. MACD positive but sloping down.
It looks like alts season, but looks are deceptive. 1.85% market cap must be surpassed to confirm Alts season for LTC. Although 1.36 appears to be the bottom, further downside is possible.
With more time comes more data - while analyzing and speculating on these markets we constantly need to adapt and evaluate for the opposite direction. The Price of LTC in Satoshi Value might go Downward while stabilizing before slightly go Upward in Dollar Value. This would actually reveals a Lack of Dominance of Litecoin against Bitcoin. #TheColorchartist...
Light On Litecoin just to bring colors to the twitter feed! With Bitcoin Dominance correcting, I am speculating on a upward dominance of Litecoin and seeing it reaches a level about 7.7% of the Total Crypto Market before a major dump again. I think Litecoin is on the way of a $200 price mark - Let's see how high we go in dominance and in...
LTC has finished first1 fibo retracement, still 4 more then R at trendline,.. FA: FOMO on halving