YGForex

[30 Mar] Litecoin Retesting Y2018 Price Level

Long
BINANCE:LTCUSDT   Litecoin / TetherUS
Litecoin's BULLISH strength remains as we managed to see several crucial rejection followed by a strong BULLISH climb. As of now, I am expecting a breakout in price level from its recent top (yellow circle). Having said that, I am eyeing a 361.8% fibonacci movement while taking note that there is a strong resistance level @277.45 price level. At which, I believe that there will be some BEARISH pressure on Litecoin. If we managed to see a clean breakout of that level, I am expecting Litecoin to skyrocket (breaking its all time high).

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