Litecoin / TetherUSUpdated Litecoin - Reversal Zones $$
Similarly to Bitcoin, Litecoin dropped hard. We can see from that chart that once price broke the major trendline and the 100EMA, it gave us a nice retest before dropping further. We can continue to look for shorts until we create a bottom. From the bigger timeframe, the 2 main areas to look for reversal is the $95 and $67.
Note
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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.