THELOGICALINDIAN - Litecoin amount biconcave bottomward beneath the 2050 and 100 EMAs afresh on the 1 hour BTCUSD archive afterwards hitting 334 bygone It seems that addition is auctioning a ample cardinal of litecoins into the bazaar this is aloof my claimed assessment We ability see the amount abatement to abundant lower levels as it will alone face cogent abutment alone at 280
By belief the one hour (LTC/USD) archive from Bitfinex (look at the beneath chart), acute 20,50 and 100 EMAs and befitting the Fibonacci attrition fan we advised beforehand aftermost anniversary , we can apprehension the following:
By belief the 1 day (LTC/USD) archive from Bitfinex (look at the beneath chart), acute William’s Alligator indicator and active the MACD indicator, we can achieve the following:
Litecoin amount has been bottomward during the accomplished 24 hours. Our assay suggests assiduity of this bottomward trend. Amount will alone face cogent abutment at about $2.80.
Charts from Bitfinex; hosted on Tradingview.com
