Trading plan: LTCUSD (Litecoin)

17 thg 7, 2018

Current situation:
Litecoin price moves in the uptrend on the 1-hour chart. Our expectations today are correction and growth of the Litecoin rate.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$ 89.90;
$ 86.
Support levels:
$ 80.85;
$ 78.30;
$ 75.20;
$ 73.30.
Forecast:
The growth of Litecoin rate from the level of $ 80.85 to $ 86.

17 thg 7, 2018

Ghi chú

Trend analysis: LTC/USD (Litecoin)
Litecoin trend remains descending.

Current situation:
Yesterday, Litecoin price did not reach our target at around $88, but we still expect the quotation to rise to this level. Today we forecast a correction down to the level of $81- $80 and the continuation of the LTC / USD price increase to the previously announced target. The long scenario for Litecoin asset will be rendered invalid by a price drop below $75.

Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.

Resistance levels:
1. $81;
2. $88;
3. $94.
Support levels:
1. $75;
2. $72;
3. $66;
4. $52.

Forecast:
The forecast remains the same. The rise in the price of Litecoin from the level of $83 with the target of $88.