stewdamus

Litecoin could not hold the lines! Now what?

stewdamus 업데이트됨   
COINBASE:LTCUSD   라이트코인
Litecoin failed to hold our lines (see last post on Litecoin). We have one more critical support at $42. We break that and I am out and bearish on Litecoin again.

Good luck Litecoin longs!
코멘트:
I've mistaken the stop out price on this post. It should be $40 (actually any close below $40 would be the confirmation). Sorry.
코멘트:
Updated chart. My apologies. A close below $40 in the next few days is confirmation that we've gone bearish:

코멘트:
Litecoin now battling to get above 50 MA and Middle Bollinger. Also there is a descending trendline (small RED) to fight against. Will all of these pressures force us down further or will we POP and SPRING ABOVE?

Your thoughts please. I would like to know how the majority of Litecoin traders feel at this point? Simply comment below with either "UP" or "DOWN".

코멘트:
Litecoin up through one ascending triangle. Bigger triangle ahead.


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