Uncategorized

Short Term Pullback, but Could Still Trend Up

Want to start this out by saying I have incredibly skeptical of cryptos. That said, Litecoin is definitely the best performers of most of the majors on a percentage basis. So that said, I think price action could in the medium-term see a few more gains if this trend can continue. However, RSI and stochastic indicators are leaning towards a pullback flashing overbought signs. But small pullbacks are healthy and after that we could continue upwards. Let’s see.

Leave a Reply

Your email address will not be published. Required fields are marked *