Litecoin(LTC): On The Verge To Breakdown!
Litecoin is looking for a potential breakdown of the local support zone (which is also at the 100EMA line).
After seeing a nice rejection from the "double top" pattern, we have been pressing that lower zone (support), and now it seems about to be broken. Look closely into it for any clen breakdowns!
Swallow Team
After seeing a nice rejection from the "double top" pattern, we have been pressing that lower zone (support), and now it seems about to be broken. Look closely into it for any clen breakdowns!
Swallow Team
코멘트:
Litecoin has made a nice breakdown and a movement towards our first target zone (5% of market price movement).
As we have tested the 200EMA line, we are now testing the upper broken zone, which is not showing any resistance as of now.
We are keeping an eye on it for sure for any further potential good moves to happen!
As we have tested the 200EMA line, we are now testing the upper broken zone, which is not showing any resistance as of now.
We are keeping an eye on it for sure for any further potential good moves to happen!
코멘트:
After a nice re-test, which confirmed the breakdown, we had a nice 19% of market price movement filling out both of our zones.
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We are looking constantly for a sign of weakness here in order to see a good movement towards 200 EAM (or even further to lower zones).