The change in price came along side change in volume that was down 50.05% from previous day, but up 0.5% from the tuesday of last week.
Traders will also want to note, though, that a counter trend — meaning a trend going down — can be seen on the 30 and 14 day timeframes.
Relative to other instruments in the top cryptos asset class, litecoin ranked 4th since yesterday in terms of percentage price change.
If it bounces, then $72 is the next important level.
Traders will also want to note, though, that a counter trend — meaning a trend going down — can be seen on the 14 and 30 day timeframes.
If you find me at litecoin summit or another conference, i will be happy to sign it or anything else!
For another vantage point, consider that litecoin’s price has gone down 16 of the previous 30 trading days.
Interestingly, a trend in the other direction exists on the 14 and 30 day timeframes, where price is headed down.
And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.
We are moving to a digital society, we need digital money free from the govement, bitcoin and litecoin will grow over time it’s a fantastic time to buy.