LTC Analysis by Ec Crypto

LTC remains in a lateral movement after downtrend last days fluctuating between a resistance line of $105 and a support line of $90. If the candlestick breaks out the resistance line, we will take a LONG position to reach our 1st Target at $112 (13.96%) and maybe the price will reach our 2nd Target at $127 (29.22%). If the candlestick breaks out our support line, we will take a SHORT position and wait for the price to hit 1st Target at $80 (18.59%) or the price might as well hit 2nd Target at $72 (26.73%).