Litecoin

31 בדצמ׳ 2017

Charlie Lee has tweeted that he will "help Litecoin to ATH" before selling more of his holdings. For the dollar pair this means +80%. This is not on it´s own a signal to buy. The charts for Litecoin has been very depressed in the later part of december and underneath ther isn´t much support. Though has both the BTC and USD pair fibbonacci levels which the price can bounce of. The RSI behaviour is also giving me indications that we possibly is near a bottom. I remain cautious but watching for buy opportunities if fibbonaci levels are confirmed and substancial volume comming in.