Litecoin / TetherUSShort
LTC/USD - Seems $100 Litcoin is on the menu soon!
This weekly view of Litecoin shows that we're likely due to see LTC fall to $100 again before any significant support can reverse this downtrend.
We have some support at $140, but I am not convinced, particularly when MACD on weekly did a negative cross... that is... bad.
Hence, if anyone is bullish on Litecoin right now, they need a new pair of glasses.
Bias is bearish and we can re-assess once around $100.
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We have some support at $140, but I am not convinced, particularly when MACD on weekly did a negative cross... that is... bad.
Hence, if anyone is bullish on Litecoin right now, they need a new pair of glasses.
Bias is bearish and we can re-assess once around $100.
Like and follow if you liked this idea.
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🔹 Trading ideas, crypto trends & alpha
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🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Related publications
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.