#litecoin - Attacking $100 again and printing the Golden-Cross?

For now, the formerly mentioned support is holding, are we going to attack the $100 again? Litecoin will need to hop over this former breakdown-level. We are talking about quite a range here going into the 10-20% which is for some people just too much risk to take for any sort of decision right now, which generally can lead to some sideways / ascending triangle structure. BTC will definitely play a role here, dominance is calming down a little bit, let´s see if this gives Altcoins time to breathe and form something bullish, most of them are still bleeding like hell and sitting on much more bearish patterns as Litecoin does and don´t have any support left ... Litecoin does, as most of the majors.

This could also be simply a retest before final breakdown. Be prepared, we are straight in the center of decisions. Remember to watch out for the Ichimoku-Cloud-Support here.
There is NO way to see if it´s the right time to buy now, whilst maintaining little to no risk. The trend is still bullish though, to mention the golden-cross is VERY close.
Don´t forget: It is very common that prices keep going in the wrong direction before picking up the original trend after a sma-cross.


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Warm regards,

Neru