This is our “Every-Monday” report on LITECOIN with a full vision over 3 timeframes.
4H CHART EXPLANATION
As we explained on the previous charts, we are looking for short opportunities. In 4H timeframe, we can see:
- Price is on a Bearish Corrective Structure bouncing on the Support Zone
- If the structure is broken, the down movement will be confirmed below 75.000, so, we will be looking for Short Setups towards 61.000 Support Zone, being careful of the Ascending Trendline
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