After a rising pattern (recent days), LTC was facing 2 bearish signs yesterday night:
1. Price was rising and volume was declining = uptrend (bulls) weakening!
2. Bearish harami cross closed yesterday's trade. Harami cross is considered as a strong reversal sign.
And the pattern has reversed.
How long, we will see.
Share your opinion.
1. Price was rising and volume was declining = uptrend (bulls) weakening!
2. Bearish harami cross closed yesterday's trade. Harami cross is considered as a strong reversal sign.
And the pattern has reversed.
How long, we will see.
Share your opinion.