In the 4h chart it's clear a bearish flag, with LTC price that will probably touch the 100 EMA in the same zone of 61.8 Fibonacci retracement. Good coincidence, isn't it?
This is the overall picture.
If the 100 EMA does not work as a support line, expect Litecoin to touch the white drawn support line.
This is the overall picture.
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PS: This is a short term analysis
Trade geschlossen: Ziel wurde erreicht:
Told you