Yuriy_Bishko

LTC, Litecoin - price is trying to break local support😯

Yuriy_Bishko Updated   
BINANCE:LTCUSDT   Litecoin / TetherUS
The whole market looks like it is going to go even lower. Litecoin is now near the support level of $170.8.Before that, LTC broke the trend line and tested as resistance. After that, we saw a decline in price. The price has already tested the $170.8 level several times, with each test weakening the level. Now, if the price breaks this level and tests it as resistance, it is very likely to fall to the lower liquidity zone.

Write in the comments all your questions and instruments analysis of which you want to see.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Comment:
Litecoin did not break through the $170.8 level.
We did not open a trade.
Order cancelled

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