LTC/USD Could Tumble Below $50

in esteem •  2 months ago

Top News

🌐Crypto Industry Leaders Establish Washington-Based Lobby Group
🌐Blockchain and the emergence of distributed ledger technology
🌐Ethereum is Bad Due to Lack of Active dApps, Nobel Economist Says in Meritless Claim

Litecoin Price Analysis

The price is consolidating near $50 with an immediate resistance at $51 and the 23.6% Fib retrace ment level of the last slide from the $56.54 high to $49.85 low.

Calling a short term bottom here for
Litcoin at $50.00 break that on a daily close my next buy order will be at $38.00.See blue dashed line at the low pivot from Aug 14th, and a double bottom as well.


Bollinger price clinging to 20 MA, currently looking for direction
Volatility is decreasing as bands are narrowing, expecting a big move when volatility picks up.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Your Post Has Been Resteemed If You Want To Start This Service So Follow Me To Resteemed More Posts.


You got a 3.33% upvote from @postpromoter courtesy of @jahangirwifii!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

Thanks for sharing.

I was just wondering, for your buying zone, do you mean 48 USD and not 38 USD?

congratulation your beautiful post is in trending...


not at all