Litecoin - downward wedge
Actualizado
Just an idea, however with Bitcoin Dominance so strong and most of the Alts dying a slow death.
This is probably a little optimistic in the current climate, however these are just observations.
Last downward wedge, price nearly made it back to the last high at 0.0183 we had a small bullish divergence just before the turn.
Looks very similar to the current wedge.
If BTC continues as it is, and Bitcoin Dominance remains strong, then this will probably go lower. Careful with your trades.
This is probably a little optimistic in the current climate, however these are just observations.
Last downward wedge, price nearly made it back to the last high at 0.0183 we had a small bullish divergence just before the turn.
Looks very similar to the current wedge.
If BTC continues as it is, and Bitcoin Dominance remains strong, then this will probably go lower. Careful with your trades.
Nota
Keep an eye on this, set some alerts. We have had some wicking down but are currently at the very tip of this wedge.
Green at the moment but we really want to see an engulfing green candle.
Hit the arrow on the chart above and it will load up the last few days.
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