SHORT LTC - Strong Over-Head Resistance - Could Go Down To $100-$120

in curie •  7 years ago 

LITECOIN.jpg

Litecoin is facing some heavy overhead resistance from a descending trend channel plus a horizontal resistance level at $170-$180. Price is rejecting this level on the 4 hour chart and could be headed down to $100-$120, where we should have a really nice buying opportunity.

Daily chart view:
LIT.jpg

MUST READ!!!
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.

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Nice chart Analysis tricks of the trade

Thank you.

Sneaky Ninja Attack! You have been defended with a 2.14% vote... I was summoned by @miltonforex! I have done their bidding and now I will vanish...Whoosh

Haha sneaky💪👍

This post has received a 0.55 % upvote from @booster thanks to: @miltonforex.

Thanks too