Khiwe

Bearish Momentum over LTCUSD

Short
COINBASE:LTCUSD   Litecoin / U.S. Dollar
The price formed a bearish area around the 240.00 level. The trend-line is broken at 220.00, and this type is only valid if a lower high is formed below it.

180 and 160 are the potential targets and the bias is 146.30

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Khiwe

On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.