FINANCIALTELEGRAPH

Single litecoin proposing downtrend short

Short
COINBASE:LTCUSD   Litecoin / U.S. Dollar
Hi Friends, Here is my chart analysis for single litecoin.
Within the 60-minute chart, the current spot price of a single litecoin is at 59.57 as it dropped during yesterday's trading session by 2.12%, falling short of the major resistance level at 60.27.

I have shown a price momentum proposing a downtrend movement down to the maximum support at $58.88, but is still within the boundary trading range.

Sentiment: Short-term sell.

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