Trading plan: LTCUSD (Litecoin)

Litecoin rate smoothly goes down.
Priority of the day: sell LTCUSD with a target of $ 72.
Unfortunately, buyers do not support the Litecoin rate, so we will look for opportunities for selling it.
Reversal level for Litecoin is $ 100.
We plan to look for an entry point for the sale of Litecoin in the zone: $ 90 - $ 85.
Projected scenarios:
1. The rate of LTCUSD will drop from $ 78 to $ 72.
2. The rate of LTCUSD will be in flat.
Alternative scenario:
While it is too early to talk about the long-term purchase of Litecoin, we can only forecast a short-term bounce upwards. Therefore, a spare plan is the growth of the Litecoin rate to $ 90, and then to $ 100.
Litecoin (Cryptocurrency)LTCUSDTrend Analysis

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