After a textbook buy the news and sell the event move on halving event, LTC is once again nearing the support around $70 mark. It will be a crucial level to watch. If markets continue correction phase and we breach this level we can expect furthermore downside, however if this level holds, a bounce above $80 to resistance around $83-$84 is inevitable.
As markets continue correction there are many upcoming opportunities to seize. AVAX in particular is reaching a strong demand zone in $9.5 to $10.5 range. As AVAX approach this zone volumes are shrinking which usually means that selling is slowing down and bears are being cautious. Those who are looking for longs can keep these levels in mind with potential upside...
