Technical analysis Litecoin LTC/BTC - 24.08.2017steemCreated with Sketch.

in #trading • 7 years ago

Litecoin has recently been moving in a downward trend without major revisions. We have reached important support, which was repeatedly tested - around 0.010315 BTC. From this place there was an revision that reached the local resistance - in the chart marked in red color.

2408ltc1.png

This support is a very important direction point. If price can break it then further drops are unavoidable. The first stop in the scenario of breaking this support is around 0.007600 BTC. Below are scenarios for the coming days:

2408ltc2.png

#crypto #litecoin #investment #cryptocurrency
7 years ago in #trading by
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