IT LOOKS LIKE THE BULLS ARE TAKING A BREAK AFTER A LONG RALLY ON THIS PAIR LTC/USD. CURRENTLY TRADE IN RANGE BETWEEN 130-145.
AS LONG AS THE MARKET STAYS ABOVE 130, THE BULLS WILL TRY TO RE TEST THE RESISTANCE AROUND 145. BREKING THE 130 SUPPORT CAN PUT MORE PREASSURE ON THE PAIR AND 120 SHOULD BE NEXT STOP. ON THE UPSIDE, BREAKING THE 145 LEVEL CAN PUSH THE PAIR TO 180-200 AREA.
AS LONG AS THE MARKET STAYS ABOVE 130, THE BULLS WILL TRY TO RE TEST THE RESISTANCE AROUND 145. BREKING THE 130 SUPPORT CAN PUT MORE PREASSURE ON THE PAIR AND 120 SHOULD BE NEXT STOP. ON THE UPSIDE, BREAKING THE 145 LEVEL CAN PUSH THE PAIR TO 180-200 AREA.