Cryptotrader_123

Ltc short term price movement

COINBASE:LTCUSD   Litecoin / U.S. Dollar
If you see a nice correction like previous one(example) take the trade for 200-220 usd target. If will start to drop now look for buys at 110 usd, because is the risk to make a C leg to finish the big correction.

Comments

Do you think it is likely to drop as far as 110?
Reply
goodluckbruce anfield21
@anfield21, 120 level held support for over a month. a drop to 110 would push stoplimits and we'd see action close to the 100 price level.
But I would bet heavily against a drop that low, matter a fact... I have.
Reply
Wonderful analysis here
Reply