LTCUSD (Litecoin) – Week 47 – Bigger correction?

Litecoin is going slowly to the upside to retest the resistance area at $235. In this area we may have a rejection that means the price will make a bigger correction to the downside or a break to the upside. If the price breaks the resistance and consolidates above then we have a high probability of an impulse to the upside.

Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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