Crypto-currency market: lightcoin is preparing to decline

LTC/USD pair is limited by significant resistance at 49.000 level, which corresponds to the upper limit of the downward channel in conditions of maintaining general downtrend and overbought. In the zone from 49-48.000, it is worth considering deals for sale with targets: 45.000 and 43.000. The stop loss and significant resistance are located at 50.000 and 52.000.

LTC/USD. The current price is 48.500.

Read also: “Dictionary  of the trader’s for trading on the Forex market”

Dani Leviant

Earn with the help of the trade service on the news Erste News!

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