LTCUSD Slow and steady wins the race!

By junghyun2006
Looks like LTCUSD will retrace to around $42-$43 range (618 fibo level as well as the 50ma(4hr) resistance). From this point we should see a reversal towards the upside to the next strong resistance at $51. Stop losses should be placed around $40, and profits should be taken at $50.
Chart PatternsCryptocurrencyLTCBTCLTCUSDTrend Analysis

Disclaimer