Litecoin Pulls Back
Litecoin joins the ranks of Cryptos currently in the corrective phase of the Elliott Wave. This is confirmed by a bearish Kovach Chande Indicator, though the Kovach OBV still confirms long term momentum is bullish. LTC has been pressing the upper bound of the KRI since early in December, so a rejection was inevitable. We are currently hovering around $320, but the two big bear candles are foreboding. There is strong support around $255, which corresponds with a collection of daily lows from mid-December. This should be considered a great point of entry.
Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here!
For daily commentary on cryptocurrencies, subscribe to our newsletter!
Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here!
For daily commentary on cryptocurrencies, subscribe to our newsletter!
Join my discord at discord.io/quantguy
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。