Litecoin short term update

in litecoin •  6 years ago 

Litecoin Continues to be the weakest of the the top 5, recently made a lower low where the others held a higher low.

The volume overall is still declining, you could say that the bears are running out of steam, If true then the bulls are not showing much strength either.

Watching the triangle, a break above we should have LTC retest the recent high of the channel & most likely range for a while, A break below will signal new lows.

Neutral short term overall bearish

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Crazy that LTC is in the $80. How have you been trading LTC??

I got in averagely at $97 and starting selling at $250 to $375.