LitecoinShort
Trading plan: LTCUSD (Litecoin)
Updated
Current situation:
The Litecoin rate slowly falls down the trend. We assume that buyers will be able to reverse the price of Litecoin near the support level.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$100;
$90;
$80.
Support levels:
$70.
Forecast:
We are considering the option of selling Litecoin from the level of $ 80 and the target is $ 70.
The Litecoin rate slowly falls down the trend. We assume that buyers will be able to reverse the price of Litecoin near the support level.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$100;
$90;
$80.
Support levels:
$70.
Forecast:
We are considering the option of selling Litecoin from the level of $ 80 and the target is $ 70.
Note
Trading plan: LTCUSD (Litecoin)Current situation:
The price of Litecoin is still in a bearish trend. But, today we expect to see a slight rise in the rate of Litecoin.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$100;
$90;
$80.
Support levels:
$73;
$70.
Forecast:
The growth of Litecoin from the level of $ 73 to $ 80.
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