CDLCrypto-EN

LTCBTC - Steep peak

Short
BINANCE:LTCBTC   Litecoin / Bitcoin
Friends, good afternoon to everyone. The market is gaining momentum, so the day promises to be not too boring. Moreover, today there are no World Cup football matches :-)
Since morning, very interesting news has come out - according to rumors, the authorities of South Korea, one of the most important countries in the market, have listened to the G20 recommendations and decided to soften the regulation of the crypto-currency market. Maybe it's a fake, but if you consider that any rumor generates a strong movement, it really can be a panacea for BTC , or at least a positive swallow.
Today, at the very beginning of Asian trading, BTC collected more than $ 200, which is the largest movement of the first crypto currency in recent days.
In turn, LTC is quite unstable and you should expect growth in the near future. Therefore, my forecast for the LTCBTC pair is as follows:

1. Open a short position at around 0.012200;
2. Close the position at 0.010458.

Further, we expect a breakthrough in resistance. If resistance breaks through - sell to the mark of 0.007837, if the price pushes away - we buy up to 0.01468.
Have a good start of the working week and a big profit!
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