August 16 2018 18:46 UTC
Aayush Jindal of @EtherWorldNews scrawls ” Litecoin price failed to move above the $60.00 resistance and declined once again (Data feed of Kraken) against the US Dollar [and] Overall, litecoin price remains at a risk of more losses if buyers fail to keep the price above the $54.00 support “
Dalmas Ngetich of @NewsBTC prints “Litecoin prices are up 13 percent and with that abnormal price expansion—considering the deep liquidity of the seventh most liquid coin, we might see a reversal from the dredges [and] Immediate resistance at $70 should be our first bull target breathing life to traders”
Published: August 16, 2018 | 12:02 am
Automated Signal of @Investingcom enlightens “HOURLY > LTC/USD GDAX Technical Analysis > Moving Averages:Buy > Technical Indicators:BUY”
Published: August 16 2018 14:37:53 – Real-time Data
Litecoin $LTC Forecast
on Thursday August 16 2018 18:46 UTC
The crypto pundits say: “bearish/bullish/bullish/”.
It’s rare to find an even split of three opinions, but we have that today. Our first two experts weigh in with a bear and a bull view. Our third “expert” – Investing.com automated signal – sees a split. Their HOURLY forecast is bullish as detailed above. Their DAILY forecast is a “STRONG SELL” detailed with “Moving Averages:Sell” and “Technical Indicators:Strong Sell”. Thus we have what you could call an even split for Investing.com, and an even split between the three pundits.
It seems to all come down to just your hunch as to the direction of today’s $LTC market.
[legal disclaimer] Just one news report can invalidate a technical analysis.
The author holds Litecoin $LTC at the time of writing.
KittyBitcoin’s unique Litecoin $LTC Forecast brings you time-saving & illustrated views. This is balanced with multiple cryptocurrency experts. The links to “Full coverage” let you easily obtain 100% of the analytical depth.
This report was generated on Thursday August 16 2018 18:46 hours UTC.
Author & Publisher
This report was authored by KittyBitcoin and originally published on BlockDesk: http://kittybitcoin.com/blockdesk/. Contact KittyBitcoin to license or request reports. Share your thoughts with @KittyBitcoin on Twitter.
Lawfully attributed URLs must use the original source on BlockDesk: http://kittybitcoin.com/blockdesk/ or Twitter® account @KittyBitcoin, or AllCoinsNews: http://allcoinsnews.com or Twitter® account @AllCoinsNews. Any other domain name used for a landing URL is expressly prohibited. This includes – but is not limited to – URLs used in tweets.
Reprinting without written permission is expressly prohibited, theft of intellectual property, and copyright violation.
KittyBitcoin media is licensed not sold. Copyright©KittyBitcoin.com 2018. All rights reserved.