#litecoin - Crucial resistance, possible bearish retest. "3D"

Litecoin has reached a true Hot-Spot, where one could probably say the near future of LTC is written in this area. I am going to keep a close eye on this development, simply cause it can influence the entire market. This could be a bearish retest of the former leadline (or a dramatic break-out). Also, SMA200 is in a direct way including the falling trendline since local high.

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Warm regards,

Neru