My portfolio does include litecoin and in a good amount.
Lets talk about charts. A few other anylsis also noticed that there is a downward flag patter emerging, but we might have to wait a few more days to see if it is true. MACD indicators doesn't look good either at the moment for litecoin.
For those looking to acquire litecoin, I would say hold off for now, might be a better buying opportunities soon.
For those looking to sell litecoin, I would say HODL!!! This coin has seen better days, and by looking at its correction stage since December, there will be a very nice rise soon to come (February? March?)
At the moment, if litecoin follows the course and complete the flag pattern, then look for a a dip down to the 0.382 re-tracement level again.
Input and opinion, highly valued! I welcome them.
Lets talk about charts. A few other anylsis also noticed that there is a downward flag patter emerging, but we might have to wait a few more days to see if it is true. MACD indicators doesn't look good either at the moment for litecoin.
For those looking to acquire litecoin, I would say hold off for now, might be a better buying opportunities soon.
For those looking to sell litecoin, I would say HODL!!! This coin has seen better days, and by looking at its correction stage since December, there will be a very nice rise soon to come (February? March?)
At the moment, if litecoin follows the course and complete the flag pattern, then look for a a dip down to the 0.382 re-tracement level again.
Input and opinion, highly valued! I welcome them.