Litecoin
Long

Litecoin Dips Sharply😱

Litecoin has fallen sharply, and has broken through support from the initial selloff over the weekend. LTC has been afflicted worse than the other majors, which did not break the lows of the selloff. We do appear to be gaining some traction after breaching $242, but another wave could take us back to $227. There is a cluster of levels below down to $202, and we anticipate support before then. There is a vacuum zone above to $291, but we need another pump to get us there otherwise we are likely to range, feeling out current levels.

Disclaimer