LITECOIN - Sell Idea (Short-term)
Litecoin is on the backfoot again. Failing to breakout above the key-level resistance of $131.50 suggests that price action has more of that downside potential in the pipeline. Our analysis predicts a continuation of this negative momentum towards the next significant key-level support at $115.00, our official profit target.
Trade closed: target reached
Hitting profit target at $115.00! Case closed!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.