LTC bounce back???

in ltc •  8 years ago 

Hi everybody,

In this post I will explain a TA of the LTC on daily.

After this double top LTC dumped and there was a confirmation with a divergence on the RSI indicator.

In my opinion Ltc will bounce back around 0.0156 because it's his last support zone. And will hit again the 0.0210!
This is best scenario.

The worst scenario can be a bounce back around 0.0100 beacause it's an old support zone.

Ltc bounce.png

One advice, always put a Stop Loss!

Let me know what you think.

Thanks,

Cryptoz

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