Litecoin very bullish against BTC right now!

23 May 2018

Litecoin is looking extremely bullish and has a huge support under it. Accumulating now under 0.0158 Seems like a very good idea!
RSI and STOCH RSI looking oversold, hitting 50% fib level and also very bullish in probability indicators.
Stop loss MUST be place under 0.015! (Arround 5% loss if hit).

23 May 2018

Not

I also forgot to comment about MA200 ! How could I? Sorry about that but basically Litecoins is really respecting it and right now it is located arround 0.0152 BTC and should support the idea of setting a stop loss under 0.015 BTC.

23 May 2018

Not

The bear vision of this chart is a descending triangle !
If the support breaks down you will see a free fall in Litecoin so be careful and set stop loss!

2 Tem 2018

Not

Broke down the support. Stop loss was hit. Very small loss . The bear ascending triangle won . Time to keep an eye for a new breakout from this lower area

2 Tem 2018

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