LTCUSD (Litecoin) – Week 48 – Towards support
Hello guys,
For Litecoin we give a high probability for a continuation of the correction that started on the 10th of November. However, if the price reverses with a lot of momentum and the price breaks the resistance area marked on the chart we should reassess our positions.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
For Litecoin we give a high probability for a continuation of the correction that started on the 10th of November. However, if the price reverses with a lot of momentum and the price breaks the resistance area marked on the chart we should reassess our positions.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
