Litecoin(LTC): Bullish Or Bearish??

17 sty

LTC is back on radat with another touch to upper 200EMA after that massive liquidity movement on to lower zones.

Despite the fact that we had a nice rejection (another) at EMA we are waiting for perfect setup to form in order for us get a good entry. What do you think? Will we see a breakout in the upper zones or a breakdown in the lower zones?

18 sty

Komentarz

While LTC is still trading neutrally, we have decided to display both potential short-position entry and long-position entry as well.

We are still ranging in between the lower supportive zone and that upper 20EMA, which as of now has been working very well by holding the price back!

Eyes open for any sharp moves as well; waiting for confirmations is the key!

19 sty

Komentarz

While LTC coin has attempted to breach the lower zone, it has failed to secure it.

As of now, the price is showing some recovery, but who knows for how long? We are looking for another attempt to breach the lower zones here and, this time, secure the zone as well.

Although we might see a bounce to upper zones as well (towards 200EMAs), our end game is still to short this one (hopefully, if good setups comes)