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Litecoin Daily Dose 3/22/19

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Litecoin is still showing signs that bears are more in control. I haven to changed my potential short at $68 and will continue to do so unless the price drops precipitously, then I am looking to re-long at $48. The only real worry is if Litecoin breaks that that significant trend line around $40-$41. What is also worrisome is that there aren’t any high volume nodes until $35. The safest play would be to re-long at $38 at this point even though the ascending channel is very bullish coming off such a long bear run.

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