CruelTraderKnight

LiteCoin Short-term Analysis

COINBASE:LTCUSD   Litecoin
Very exciting times for LiteCoin as we enter the weekend. The Long-term support line and Short-term down-trend resistance are forming a Triangle.
We can either see a break of the resistance at $56 which can lead lite coin to shoot up to $60 range.
We can also see a break of support at $54.75 and go down to $53.5 support line.
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