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.
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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
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Litecoin did not break through the $170.8 level. We did not open a trade.
glad 2 see that
im thinking about 150$
theres a good potential support area in my chart at 150$
by the way, u can check out my idea about LTC in my profile, if u have enough time :)
thank you for sharing
wish the best
Achilleas82
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Stop loss... next time...
Yuriy_Bishko
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@Achilleas82, Litecoin did not break through the $170.8 level.
We did not open a trade.
Achilleas82
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@Yuriy_Bishko, I did not blame you mate, loss is just 2%... Now I am learning myself too... thanks a lot for everything