LTC/USD DOWNSIDE PENDING NOW!

LTC/USD has traded into a key resistance level at the $100 mark. We’re looking for price to bounce from this price towards the downside. Technically price is holding the downtrend, and the $100 figure has been a support / resistance level historically.

Downside target: $92.00

Violated above: $104.00

Entry: At Market

LTC/USD 1H CHART, 8 MARCH 2022

Published by Tom Stewart

Head of data analytics at TradeProofer. Analyst at Opes Trading Group. FX enthusiast.

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