💲Litecoin Declines To Strong Support Zone💲

💲Litecoin Declines To Strong Support Zone

💲Litecoin has been falling quite rapidly in recent days.

💲All thanks to the correction that is taking place on the main US S&P500 index

💲The entire crypto market has taken a hit along with this decline.

💲It looks like Litecoin still has some strength left to fall.

💲Ahead of us near the $57 price level is the 0.618 fibo level of the entire upward wave from the bottom to the current peak.

💲I have set a support zone there, which I expect to be captured over the next few days.

💲The scenario I'm playing out is a continuation of the decline to the support zone where I'll be watching closely to see how the price will react, waiting for the next upward wave. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

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