Market watch $LTCUSD 01-09-2018

On our market watch, today is LTCUSD. The cryptocurrency is in the consolidation triangle as it is shown on the chart between the 340 and 230. This consolidation could end soon and below the 230 the Litecoin could enter a deeper pullback into the 100-160 zone. In the case of the daily close above the 340, we could see an upside extension into the 420 level.

Note: enter the trades buy or sell only in the case of the daily closes above/below the mentioned levels.

Litecoin price action technical analysis

 

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