Litecoin (LTC) Technical Analysis in 24 Hours

Litecoin (LTC) Technical Analysis :

In line with our last Litecoin (LTC) technical analysis, our small size LTC sells are now active following yesterday’s four percent dip and confirmation of July 30 bears.

Therefore, as highlighted in our Litecoin trading plan, odds are we might see further losses today. As such, my recommendation is to trade with the trend and sell according to June 10 sell pressure.

However, risk-on and conservative traders can wait for conclusive close below this $20 range at $70 before selling LTC on pullbacks with first targets at $50.