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
Tag Archives: ltcusd
LTC/USD Downside! 9 June 2021
LTCUSD has broken below the support trendline today and we’re looking to capitalise on the downside. Crypto markets are bleeding at the moment, and the LTCUSD short idea is to trade the pair back to support levels. Downside Target: 118.500 Violated Above: 189.220 Entry: At Market
LTC/USD Upside! 25 May 2021
LTCUSD (Litecoin / US Dollar) has formed a descending wedge pattern and broken the pattern to the upside, a strong bullish indication. Price has also broken upside of the structure support / resistance level, and is retesting the zone as support now. I anticipate upside into the $220 mark. Upside Target: 220 Violated below: 150Continue reading “LTC/USD Upside! 25 May 2021”