Litecoin has approached the 200EMA branch, where from now on we are looking for any signs of weakness that would result in yet another movement to the lower zone (possibly forming a double bottom pattern here).
As of now, we are going to wait and look closely at that 100EMA line, which is the zone we want to see secured by sellers before the full-scale movement to lower zones!
Swallow Team
As of now, we are going to wait and look closely at that 100EMA line, which is the zone we want to see secured by sellers before the full-scale movement to lower zones!
Swallow Team
Note
Litecoin has made a small breakout attempt from EMAs but we already see some signs of weakness from candles.
We are now looking for further movement to lower zones and as soon as we break $70, we will be looking for a possible sell order here!
Note
Litecoin is seeing good pressure from sellers near 200EMA after that first reejction from upper zones.
As soon as we see a clean break in EMA, we will be looking for further movement to lower zones, possibly catching the sell as well!
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Keep an eye on us and you will not regret it. 😉
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🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.