Hello all. Litecoin is falling as I make this post.
As we predicted Litecoin came for a retest at the ascending line of support and is currently holding. It is above 200 day MA which is an indication of a bullish trend. Another bullish sign is the daily RSI which is getting closer being in the over sold territory.
Previous entry positions were $170-$180 (fib golden pocket), but right now we are at a much better buying position at $150.
Buying at this level and selling at 1.65 fib level it is a 170% profit.
Hoping we hold this line if bitcoin doesn't fall further. As of now it looks stable.
you can find this drop prediction in the previous post I made.
Thanks for reading and stay tuned. Enjoy.
As we predicted Litecoin came for a retest at the ascending line of support and is currently holding. It is above 200 day MA which is an indication of a bullish trend. Another bullish sign is the daily RSI which is getting closer being in the over sold territory.
Previous entry positions were $170-$180 (fib golden pocket), but right now we are at a much better buying position at $150.
Buying at this level and selling at 1.65 fib level it is a 170% profit.
Hoping we hold this line if bitcoin doesn't fall further. As of now it looks stable.
you can find this drop prediction in the previous post I made.
Thanks for reading and stay tuned. Enjoy.
