Ugly downtrend, bounce to support zone with multiple indicators, Fibonacci BUY zone, fractal ray convergences, moving average momentum switch potential.
Total Cryptocurrency Market Cap falling further than last 24 hours earlier now Reversal Higher back above $86 billion. Litecoin performing better then Ethereum or Bitcoin at blog post.
Further analysis, the market action behind the volume in LTC, confirms off hour BUYing with largest volume being transacted LTC/CNY China and LTC/KRW S Korea, ohter Asian trading in top volume as well, volume equaling 48 % of overall.
Poloniex Exchange the Top indicated US market actually shows LTC/BTC as means of funding 8.39 % of overall, then GDAX follows with 7.81 % overall.
Great trading ahead or more pain?
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