LTC PRICE ANALYSIS (Intermediate term)
*DISCLAIMER: This is not financial advise and I highly recommend to do your own research before approaching an entry for any given positions.
In the outlook of Bitcoins foreseeable price breakdown, LTC is facing a price correction as it looks for support at the 105.2 & 94.5 zone.
Recommendation for SHORT Position:
ENTRY would be ideal at 154
STOP LOSS just above the orange price action trend line
TAKE PROFIT just above the 105.2 support line at 106
In the outlook of Bitcoins foreseeable price breakdown, LTC is facing a price correction as it looks for support at the 105.2 & 94.5 zone.
Recommendation for SHORT Position:
ENTRY would be ideal at 154
STOP LOSS just above the orange price action trend line
TAKE PROFIT just above the 105.2 support line at 106
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