nagihatoum

LTC losing momentum and range bound

Short
BITFINEX:LTCUSD   Litecoin
Bulls lost steam over the weekend and price is at resistance. 12H MACD is rolling down, indicating weakness in the intermediate time frame. A downturn will not be surprising with the obvious bottom of the range target.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.