Bearish Momentum with Series of Upward Rejection

KRAKEN:LTCUSD   Litecoin / U.S. Dollar
145 2 2
It seems upward momentum has been retested and rejected for many times. Consolidation will occur in a short term. watch 61.80 fibo level if this will hold. buy with initial target of 6.25. If this will not hold, i can pick up this between 3.75 to 4. Goodluck and happy trading!
for 100% investment. just reserve your 25% buy from 4.00, 25% buy from 3.5 and 50% buy at 3.00...downward was still intact...RSI also broke due to recent Brexit....manage your trade within 3 days. goodluck traders ahnd happy investing
Hi! Thank you for your job. What do you think about LTC/BTC ratio?
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