Trading plan: LTCUSD (Litecoin)
Litecoin has sightly grown in price. At the level of $ 112 there were large buyers of Litecoin that managed to raise the price.
Priority of the day: buy LTCUSD with a target of $ 126.
Litecoin should be bought after a rollback to the zone: $ 114 - $ 112.
Projected scenarios:
1. Buy LTCUSD from $ 114 to $ 126.
2. XRPUSD rate may stay in the lateral movement until the end of the day.
An alternative scenario:
LTCUSD can smoothly sink down from $ 122 to $ 106. While the bearish trend has not changed, everything is possible. As soon as we see large volumes for the sale of Litecoin, we immediately understand that the bears have won.
Priority of the day: buy LTCUSD with a target of $ 126.
Litecoin should be bought after a rollback to the zone: $ 114 - $ 112.
Projected scenarios:
1. Buy LTCUSD from $ 114 to $ 126.
2. XRPUSD rate may stay in the lateral movement until the end of the day.
An alternative scenario:
LTCUSD can smoothly sink down from $ 122 to $ 106. While the bearish trend has not changed, everything is possible. As soon as we see large volumes for the sale of Litecoin, we immediately understand that the bears have won.
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