Trading plan: LTCUSD (Litecoin)
Litecoin rate bounced from the level of $ 128. We expect the sale of Litecoin, after its rollback upwards, to $ 126.
Priority of the day: neutral position on LTCUSD.
Perhaps the entry point to the sale of Litecoin will not happen today.
Projected scenarios:
1. LTCUSD rate will enter the lateral movement.
2. The rate of LTCUSD, as it can, will gradually fall down to $ 118.
An alternative scenario:
The rate of LTCUSD can continue its growth from $ 122 to $ 132. Therefore, we are waiting for confirmation of large volumes for its sale.
Priority of the day: neutral position on LTCUSD.
Perhaps the entry point to the sale of Litecoin will not happen today.
Projected scenarios:
1. LTCUSD rate will enter the lateral movement.
2. The rate of LTCUSD, as it can, will gradually fall down to $ 118.
An alternative scenario:
The rate of LTCUSD can continue its growth from $ 122 to $ 132. Therefore, we are waiting for confirmation of large volumes for its sale.
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