Lite Coin (LTC) - July 18

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It fell from two short-term uptrend lines.

You need to make sure you can get support in the 0.004209-0.004461 section.

Depending on the Fibonacci retracement rate, if you fall from 0.004209 to 0.004461, there is a possibility that it will fall to 0.003276-0.003572.

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(Binance LTCUSDT 1D chart)
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We need to see if we can rise above the 42.37 point and get support.
You should also check to see if you can get out of the downtrend line (2).

I think it is most important to deviate from the downward trend line (2) in the current situation.

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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.

Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Chart PatternsTechnical IndicatorsLitecoin (Cryptocurrency)LTCBTCltckrwLTCUSDLTCUSDTTrend Analysis

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