Trading plan: LTCUSD (Litecoin)
Litecoin slightly increased in price. Now it is near an important resistance level: $ 120. If it manages to overcome it, then the target of $ 132 will be achieved.
Priority of the day: increase of LTCUSD rate to $ 132.
It was advisable to buy Litecoin near the $ 114 level. Right now it's dangerous to enter Litecoin purchase.
Projected scenarios:
1. Growth of LTCUSD rate from $ 120 to $ 132.
2. The drop in LTCUSD rate from $ 120 to $ 110.
Alternative scenario:
LTCUSD may remain in the lateral movement until the end of the day.
Priority of the day: increase of LTCUSD rate to $ 132.
It was advisable to buy Litecoin near the $ 114 level. Right now it's dangerous to enter Litecoin purchase.
Projected scenarios:
1. Growth of LTCUSD rate from $ 120 to $ 132.
2. The drop in LTCUSD rate from $ 120 to $ 110.
Alternative scenario:
LTCUSD may remain in the lateral movement until the end of the day.
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