DredDine

LTC/USD Critical Support at 52.30!

Short
COINBASE:LTCUSD   Litecoin
• The broken uptrend line was retested by LTC/USD, as seen on the H4 chart, and it is now challenging the median line of the descending pitchfork.

• The 52.30 former low is a significant downside barrier. As you can see, the rate only recorded false breakdowns during the most recent attempts. A larger drop might be rendered invalid by maintaining above 52.30 and setting a new higher high.

• "Keep it Simple!", Good Luck!

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