Litecoin (LTC/USD) Reaching bottom of channel *Buying Opportunity*

Daily: Bearish Parallel Channel Shown, Highlighted in Red = Lower Highs, Highlighted in Blue = Lower Lows. Next ideal Lower Low to be formed around $100 zone.

4Hour: Price Action is shown more clearly. Heading towards $100 support zone (*Breakout 12/08/17)

Hourly: Huge Sell Off @ $160, No signs of support found, next stop $100 zone.

Conclusion: The cryptocurrency market is in the midst of a correction. While many are panicking are selling their positions (The Real Losers) the smart ones are holding onto their positions and adding to their bag. The poor man's bitcoin is currently 60%+ off from it's All Time High (ATH). For those wondering if they missed the train this is your second chance. Looking for some consolidation/ranging once $100 zone is reached, followed by a bounce towards the upside.

Thank You for Your Support! Check out the links below :) Follow New Video Everyday!!!

Be the first in line to use Robinhood’s Zero Fee Trading: http://share.robinhood.com/martinc13

DTube:

Be the first in line to use Robinhood’s Zero Fee Trading: http://share.robinhood.com/martinc13

Social Media:
Twitter: https://twitter.com/KidMartin95
Instagram: https://www.instagram.com/kidmartin95...
InvestFeed: https://www.investfeed.com/kidmartin9...