Title says it all - this name can bounce as high as $109 - an area we'll probably reload our short position if it gets there -but it's just a matter of time before we see it at sub $40 #crypto #fintech # trading
I'm waiting for the weekly RSI to reach touch oversold. 10 more points to go, $50 price should put us at oversold.
NewYork888
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@piatt.jesse, Good luck and thank you for the comment.
blacksea00
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So this is not the bottom as Charlie Lee said 1-2 days ago :P
NewYork888
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@blacksea00, Who knows but didn't Charlie Lee also sell at $300 or so and at that time say that in a crash LTC could go to $20? We'll see if he's proven correct. Thank you for the comment.
nmercy
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Just curious but what triggered the bleaker than $72 outlook?
NewYork888
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@nmercy, Hello please see our reply below and thank you for the comment.
nmercy
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@london55555, thanks have to check that one out
afreet77
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oooops, again?
Thanks i always keep some fiat cuz of your calls
NewYork888
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@afreet77, We went back and read Peter Brandt's TA on LTC along with our own algos and we agree with him - he's also one of the very best in the world- we'll see how it shakes out - thank you for the comment.