Weakness in the crypto market has caught up with Litecoin, which made a genuine attempt over the weekend for higher highs. We were able to break out from the $130-$140 range and test the $150's, but our level at $153 was too much for LTC and we came crashing down to support at $141. We are currently testing support at this level from above, which is significant...
Litecoin has retraced along with the crypto market. Unfortunately, it was not bought back as swiftly as we would like, but is still finding support at one of our technical levels at $340. This is a level we alerted you about yesterday, and many reports prior. We consider this a great level to buy or add to a position, but if it does not hold, $322 will provide...
153, 151, 148, 146. I like to go 25%, 25%,25%, 100% from highest to lowest. at 146, there will be a bounce, and I can play it many ways to make a profit. These are the FIB lines shifted to nearest support or resistence lines.
Let me know if this helped you. Placing buy orders on the risk % takes a little more time but is always worth the effort to mittigate risk.
