Looks like 
BTCUSD bearish cycle is effecting the price of 
LTCUSD.
The price already broke 20 day and 50 day moving average, based on the indicators the price is still in a bearish mode. The 61.8% and 100 day moving average might act as a strong support zone, the possible entry levels are between 220 and 200 with stoploss at 165.
The targets are 264 and 305.
Note: The analysis will work if the price ofBTCUSD is stable.
BTCUSD bearish cycle is effecting the price of LTCUSD.The price already broke 20 day and 50 day moving average, based on the indicators the price is still in a bearish mode. The 61.8% and 100 day moving average might act as a strong support zone, the possible entry levels are between 220 and 200 with stoploss at 165.
The targets are 264 and 305.
Note: The analysis will work if the price of
BTCUSD is stable.
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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.