Litecoin - Know your levels

11 Tem 2017

$51.21
$46.65
$46.01-.21
$44.71
$41.50
$37.30

I don't anticipate too much more downside for Litecoin (LTCUSD) before we head back up, but if we do head lower, we'll go all the way down to $41.50. Below that $37.30. If per chance, we somehow find ourselves down in these areas, we will find further support from our 50 MA, the Lower Bollinger, and the bottom of our channel (lower green trendline) which should be intersecting with our flat line supports in the next two weeks.

I do not think we'll get this low and I'm 90% certain Litecoin will not break out of/lower than our green channel.

I'm swinging this to an upside target of at least $60, maybe more, depending on price/time/pattern points at that time.

Happy trading folks!