On the chart we can see a few interesting things - bullish triangle was invalidated, Fibonacci retracement level is near an important support. On the fundamental side there will be 2 more forks on Bitcoin soon - Bitcoin Pizza, Bitcoin Cash Plus, which support shorting LTC. I drew buy zone, where I would like to buy some nice number of Litecoins :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.