Litecoin had a massive drop recently which broke the major ascending trendline. Right now we are approaching a key level of price where it's a break or bounce scenario.
If price breaks the $210 level, we can see Litecoin moving higher again. If we fail to break the $210 level and bounce from there, price could potentially go down to atleast the $120 level to create a double bottom.
Goodluck and trade safe!
If price breaks the $210 level, we can see Litecoin moving higher again. If we fail to break the $210 level and bounce from there, price could potentially go down to atleast the $120 level to create a double bottom.
Goodluck and trade safe!
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