Trading plan: LTCUSD (Litecoin)

Litecoin technically bounced downwards from the level of $ 145 and follows to the next level of $ 128.2.
Priority of the day: sell LTCUSD for $ 123.
Litecoin always makes us happy with consistency of its movement. Let's hope that bears will be able to lower the price of Litecoin to our target.
Projected scenarios:
1. Sell LTCUSD from $ 140 to $ 123.
2. LTCUSD can easily resist the mood of bears, so flat today is quite possible.
An alternative scenario:
LTCUSD can calmly rise up from the $ 132 level and move to $ 145 again. This scenario can not be ruled out today.

LTCTrend Analysis

Also on:

Disclaimer