Litecoin (LTCUSD) continues to rally after breaking the descending trendline.
If price comes back to the support level around $135 we can expect the rally to resume up to the resistance around $175.
If the current rally continues and price reaches the resistance first, we can expect a reaction and a possible drop from around $175.
If the nearest support doesn't hold, the next support level is around $120.
Good Luck,
CryptoTrendline
If price comes back to the support level around $135 we can expect the rally to resume up to the resistance around $175.
If the current rally continues and price reaches the resistance first, we can expect a reaction and a possible drop from around $175.
If the nearest support doesn't hold, the next support level is around $120.
Good Luck,
CryptoTrendline