RE: LITECOIN (LTC) Update: Tracking my forecast

[samiam22]

Wat u think of this analysis
https://www.tradingview.com/chart/LTCUSDT/y120DGYw-Litecoin-Entry-Level/

Thanks

Comments

[haejin]

Hi samiam22,
Yes, RSI could be oversold, but in an accelerating declining market, oversold conditions become more oversold and selling and decline accelerate to deeper and lower levels. That's why I label my EW like this: