Get started
daci

LTC under pressure

Litecoin (BITFINEX:LTCUSD)  
daci  
BITFINEX:LTCUSD   Litecoin
Trend Analysis Support and Resistance Trend Lines LTCUSD LTC Litecoin (Cryptocurrency)
3
0
trendanalysis supportandresistance trendline ltcusd ltc litecoin
Bearish:
- LitePay failed to launch
- under 50EMA

Bullish:
- BTC is rising ATM
- above 200EMA

I think a larger move withing the next day or so will determine LTC's near future. However, I am leaning towards the bearish scenario a bit more. Keep an eye on that triangle though!
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.