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Trading plan: LTCUSD (Litecoin)
The Litecoin rate rose from the ashes.
Priority of the day: LTCUSD rate increase to $ 87.
Litecoin buyers have shown the interest, but it is still early to speak about reversal of its price. We forecast a rise in the rate of Litecoin after it can gain a foothold above the level of $ 78.
Projected scenarios:
1. The LTCUSD rate will rise from $ 78 to $ 87.
2. The LTCUSD rate will take the lateral movement.
Alternative scenario:
Bearish trend for Litecoin is still in force, so its rate may continue falling to $ 70.
Priority of the day: LTCUSD rate increase to $ 87.
Litecoin buyers have shown the interest, but it is still early to speak about reversal of its price. We forecast a rise in the rate of Litecoin after it can gain a foothold above the level of $ 78.
Projected scenarios:
1. The LTCUSD rate will rise from $ 78 to $ 87.
2. The LTCUSD rate will take the lateral movement.
Alternative scenario:
Bearish trend for Litecoin is still in force, so its rate may continue falling to $ 70.
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