Litecoin Analysis & Trading Plan - 22 Aug 2024 - By Vladimir Ribakov
According to the technical analysis, there are several factors that suggest that the price might move lower further in the short term
- 4H respected a strong resistance zone and bouncing lower
- 4H most recent uptrend line breakout
- 1H bearish trend pattern
- 1H expecting bearish turn around from the key Fibo levels
What do you think about the Litecoin?
Share in the comments.
Follow me @vladimirribakov for trading opportunities and real-time trading education.