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Litecoin Showing Bearish Signals | Potential Drop Mapped
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Litecoin Showing Bearish Signals | Potential Drop Mapped
By AlanSantana
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Updated
Feb 4, 2020
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Feb 2, 2020
Litecoin (LTCH20) is showing multiple bearish signals, prices can easily drop here unless the last high is taken out.
If LTCH20 closes below 0.007553 (EMA10), prices can easily drop and hit 0.007060 (EMA50.
The MACD is showing a bearish cross and bearish divergence.
There is also a bearish divergence with the RSI.
Volume is dropping, we also have a bearish candlestick when the last peak hit...
All these signals are telling us that Litecoin can drop.
We have an active trade for LTCH20 with 8X leverage, feel free to hit LIKE to see the full trade... We will share at 111 likes.
Here is our previous leveraged trade |
Ripple (XRPH20) Full Trade As Promised (Over 500% Profits Poten.
Thanks a lot for reading.
Namaste.
Feb 4, 2020
Note
@BBLREGBO | Trade: SHORT LTCH20 | Litecoin
Leverage: 8X
Buy-in: 0.007790 - 0.007470
Targets:
1) 0.007295 |Hit 4-Feb. (+38%)
2) 0.007000
3) 0.006777
4) 0.006399
Stop-loss: Close daily (D) candle above 0.007940.
Liq. price: 0.008485
(Current price 0.007645)
Potential profits: 156%
Capital allocation: 7%.
Date: 2-Feb. at 2:56 PM GMT-4.
Feb 6, 2020
Note
Patience is key.
alanmasters
Beyond Technical Analysis
bitmex
Technical Indicators
Litecoin (Cryptocurrency)
LTC
LTCBTC
LTCH20
primexbt
Trend Analysis
AlanSantana
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