VaidoVeek

LITECOIN (LTC/USD) - Technically a Good Entry Area!

COINBASE:LTCUSD   莱特币
If the curve trendline should get cracked then do not worry, there is a pretty clear short-term bounce area.

The mentioned area stays between $90-$100 and the bounce criteria:
1. The Fibonacci retracement 38%
2. The Fibonacci Golden Ratio 62%
3. Previously worked price level, it has worked as a resistance and as a support. Currently, it should act as a support level.
4. Daily EMA100
5. The dotted trendline runs through the support area
6. The psychological number $100

Historically, this area has offered a lot of action. Keep an eye on it!


Do your own research and if this matching with mine then you are ready to go!

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Best regards,
Vaido

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