carltonzone
Long

LTC Downtrend Channel Continues with Lower High

BITFINEX:LTCUSD   Litecoin / Dollar
From the looks of it, we're about to see the nosedive that keeps LTC within the downtrend channel . What I thought was a breakout actually was confirmation of a continued downtrend, with yet another lower high at the peak of today's run.

I see no indication that the trend has completed. The cycle is repeating, and I think we would need to see a sideways trend before this ends. I'm surprised that LTC is not breaking out just yet, while BTC             , ETH, and BCash are looking bullish . I think it will take some time before we see what the REAL support level is.
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden