FenzoFx—Litecoin is trading sideways. We expect LTC/USD to tick higher toward $110.5 before resuming its downtrend. If this scenario unfolds, the next bearish target is the $88.00 support area.
Please note, the bearish outlook remains valid unless price closes and stabilizes above the fair value gap near $114.00.
Please note, the bearish outlook remains valid unless price closes and stabilizes above the fair value gap near $114.00.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.