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Is it lights out for Litecoin?

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Published: 19 Aug 2018 › Updated: 19 Aug 2018Is it lights out for Litecoin?

Is it lights out for Litecoin?

Across the board it's a sea of red on cryptos and Litecoin is no exception to the rule.

LTCUSD 19-08-18.PNG

As you can see from the above daily LTC chart there is no indication of a reversal on the current downtrend. If price continues down and breaks previous lows, who knows how far LTC will go. Only positive to take out of this chart is the potential to buy low.

Please remember this is not financial advice, just my opinion. It's always important to do your own research.

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Forex Trader 💰 Chart Analyst 📈 Crypto Analyst 💻 Twitter @lanietrades

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