LitecoinShort
Trading plan: LTCUSD (Litecoin)
The Litecoin rate after a false impulse to $ 85 fell sharply down.
Priority of the day: LTCUSD will drop with a target of $ 73.
Quotation of Litecoin is in wide volatility with borders: $ 90 - $ 72. This makes it difficult for the intraday forecasting of the Litecoin rate direction.
Projected scenarios:
1. The LTCUSD rate will decrease from $ 78 to $ 73.
2. The LTCUSD rate may linger in lateral movement.
An alternative scenario:
In the period when a large player accumulates positions with the price of Litecoin, anything can happen: variable growth and decline. Therefore, it is possible today to increase the rate of Litecoin from $ 78 to $ 90.
Priority of the day: LTCUSD will drop with a target of $ 73.
Quotation of Litecoin is in wide volatility with borders: $ 90 - $ 72. This makes it difficult for the intraday forecasting of the Litecoin rate direction.
Projected scenarios:
1. The LTCUSD rate will decrease from $ 78 to $ 73.
2. The LTCUSD rate may linger in lateral movement.
An alternative scenario:
In the period when a large player accumulates positions with the price of Litecoin, anything can happen: variable growth and decline. Therefore, it is possible today to increase the rate of Litecoin from $ 78 to $ 90.
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