Crypto-currency market: lightcoin returns to a downtrend (Dani Leviant)

A LTC/USD pair, after attempts of correction of the downtrend at the start of the year, returned to decline. The pair had pointed out the potential for resuming the decline and resuming the downtrend. Transactions for sale on this pair should be considered when the pair returns to the downward channel and consolidates below 34.000-33.000. This will open the way to support levels: 30.000 and 27.000. Resistance is located on the marks: 35.000 and 38.000.

LTC/USD H4 chart. Current price – 34.600

Read also: “Australian Dollar (AUD) – a  feature of trading on cross-rates”

Hanzenko Anton

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