Continued Selling for Several Days: Major Momentum Shift to $200
Now that the bullish exuberance has been snapped, Litecoin can see selling all the way down to the 50-day below $200.
Institutional dip buyers, like those that had orders in below $225 for that mini "flash crash," will sell rallies.
It's Buy Thy Dips and Sell Thy Rips until the dust settles for Bitcoin (
12K? 10K?) and sentiment favors long-term buyers.
Institutional dip buyers, like those that had orders in below $225 for that mini "flash crash," will sell rallies.
It's Buy Thy Dips and Sell Thy Rips until the dust settles for Bitcoin (
12K? 10K?) and sentiment favors long-term buyers.
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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.