Litecoin Heading Lower - Looks Like Dog Poop $LTC

in #bitcoin7 years ago

Litecoin is one of my favorite cryptos here. I truly believe many people will be using Litecoin in the future and I will write more on where I think Bitcoin, Litecoin, and Ethereum are all headed seeing as ALL of them have a place.

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However, looking at the chart here and seeing how Litecoin is just driffftttiinnnggg lower. I am not sure if this even bounces here. I think $100 is going to be tested and longer term I think you are now going to see $60 break. Here are your support levels below.

There is no reason to be long Litecoin anymore unless it is back above its 200 day Moving average. Bad things happen below the 200 day, across all assets. 


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No one thought it would ever be worth anything for most of its young life.

It's great isn't it. And now since it spike to 400, you know it is going back there eventually....the $50-60 zone is a MAJOR buy IMO

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This post has received a 2.24 % upvote from @drotto thanks to: @heyimsnuffles.

Fine! when you can, go through my blog.

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