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RE: What’s Going On With Litecoin (LTC)?

in #bitcoin7 years ago

I am not sure if this is because of LCC announcement or not but yesterdays bearish shooting star candle was not confirmed and invalidated by todays nice green candle (+10%).

At the moment it almost retraced yesterdays shadow.

Overall, the crypto market reverted and this is exiting.

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Interesting, thanks for sharing.
I could see BTC retesting its recent lows, or at least tempting too. That would bring another opportunity to buy LTC as well.

Not sure about that. Going down back to 6K seems unreal due to recent activities from US and big deals for Ripple and LTC. Also the trend cycle has been repeated and according to that crypto markets will now start to grow up again. Sell offs may occur but not that big. My personal opinion though. :)