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RE: Litecoin - Technical Analysis Update

in #bitcoin7 years ago

Hi,

Thanks for your reply and follow. I will also follow you and look forward to your content. Bitcoin really hasn't seen huge movements like we have all been accustomed to. At the moment the RSI is oversold and the chart has provided a spinning top candle with a following green candle as I write. If this green candle can close green I believe we could see price return to previous highs at $10,000 to then test resistance around $11,860. If price unfortunately does press lower we could see a test of previous lows around 5,395 zone. Fingers Crossed.

BTCUSD 14-05-18 (Steemit).PNG

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