LTC BTC can go a bit lower. maybe we see a larger drop within the 85 dollar zone. also 75 dollar is possible looking at the liquidity pool. HOwever the divergence looks its oversold. watch the MACD and lets see what it brings.
There is still some Liquidity lower. With the upcoming holidays and weekend the big markets are not there. So full ADR swings can happen. Holders get a chance to DCA. Traders.. Beware. only in and out trading. The bots currently trading the coins can move prices with small volumes. Big players will cashout before the end of the year end will step in few days...
Like the other Alts just some moon. however some shake outs are always in play. Marcetcap will correct. If marketcap is the same at doge now 750 USD for LTC is atleast possible. Dips will be caused by some fud. Bad exchanges some troubles with law things maybe war... there is always something. then the rally up in January. Will be short but if it wont push it...
Mondays can be the fake move or the setup for the reversal. With these swipes the open liquidations are out. Most of the traders are either in or out. which way to go now? This formation can break easely now so beware. Range 115 Low liquidation pool. 123 High liqidation pool. BTC will play the role who is in the lead. But keep an eye on the LTC/BTC chart. If...
LTC like all other alts are facing an exciting week. Next week lots of financial news will come out. This decides if the liquidity will be used for crypto. Starting monday we could go back to the point where friday evening ended. So the Asian Session will decide on monday if they will place longs in de chart. Which then drive the price lower first. Or an attack...
Feels like traders getting trapped. Some shorts sells can be done this weekend. HOwever weekend low liquidity things can fly around. however it feels people will trade the 50 EMA cross.