CryptoMacroTrend

Litecoin Rejected at 0.61 Fibonacci Level

Short
BITFINEX:LTCBTC   Litecoin / Bitcoin
LTCBTC

Strong rejection at Fibonacci Level 0.61, making the price to change the direction and to start going to the bottom of the range channel it's been moving since April 23.

We are waiting for the price to get below Fibo level 0.38 to place our short entry, what do you guys think about this #TradeIdea?

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