lite coin

in #litecoin6 years ago

So honestly guys I've been thinking about litecoin a little more and noticing some things. There has been absolutely no volume since that impulse wave. This entire move down has been pretty much been small sell offs and hodling, no interest at all at these prices; and hardly respecting fibs.

Looking at the VPVR and PoC, even with only a small window of the lower trend visible, PoC falls around $90. This is confirmed by the volume profiles we see. Basically: nobody wants anything to do with Litecoin at these prices. I wouldn't expect to see volume again until we land back under $100. The market is pretty clear about this image

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