LTC - Looking bearish
Litecoin has been in this channel that is becoming more narrow, which in my view looks bearish. There have also been 3 waves, which have been less powerful each subsequent wave. If BTC manages to fix it's problems, then how much value is Litecoin worth?
Even although the real use of bitcoin in real-world applications is still minimal, litecoin usesage is probably much less than bitcoin, even while it has faster transaction speeds. News can always change the direction so this is not a fixed view. If you find it useful, give a like or comment, thank you.
Even although the real use of bitcoin in real-world applications is still minimal, litecoin usesage is probably much less than bitcoin, even while it has faster transaction speeds. News can always change the direction so this is not a fixed view. If you find it useful, give a like or comment, thank you.
Trade active
Chart still supporting the downtrend well!Note
Good entry point on LTC imo, starting point of the previous wave so buy support present and bounce likely!Note
The yellow line should act as a resistance line, price could go up towards these levels. TP's 0.01337 ;)Note
Buy LTC now! :D Trade active
Trade still planned to head towards 0.01337 ;)Note
Oh leaving the pyramid would mean we can expect some big volume buy.
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