alexxsounds

A Litecoin April Fool's Bull-Trap ?

COINBASE:LTCUSD   Litecoin
We just took a bump off the 87.6% Fib .. which in my opinion would be an april fool's bull-trap.. for now the volume looks good but these charts tend to follow Bitcoin. And Bitcoin is not done retracing. Litecoin is not yet at 87.6% Retracement on the Daily time scale either. So I would wait for a confirmation of an uptrend.. but i dont think this is it.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.