Trading plan: LTCUSD (Litecoin)
Litecoin has finally weakened. Analysis of the volume of the Litecoin rate shows the predominance of bears.
Priority of the day: sell LTCUSD with a target of $ 112.
Litecoin should soon find support from buyers.
Projected scenarios:
1. Sell LTCUSD from $ 120 to $ 112.
2. Perhaps the Litecoin rate will smoothly reach our goal, without rolling back up.
Alternative scenario:
LTCUSD can find support from buyers near the zone: $ 114 - $ 112. Our backup plan: buy Litecoin from $ 126 to $ 140, if there are volumes for purchase.
Priority of the day: sell LTCUSD with a target of $ 112.
Litecoin should soon find support from buyers.
Projected scenarios:
1. Sell LTCUSD from $ 120 to $ 112.
2. Perhaps the Litecoin rate will smoothly reach our goal, without rolling back up.
Alternative scenario:
LTCUSD can find support from buyers near the zone: $ 114 - $ 112. Our backup plan: buy Litecoin from $ 126 to $ 140, if there are volumes for purchase.
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