Litecoin cannot resist the bears' onslaught

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  • Analyst AZAforex
Litecoin cannot resist the bears' onslaught

Litecoin cannot resist the bears' onslaught

Cryptocurrencies have failed to recover their lost price positions after the Bitcoin crash. Crypto currency investors are currently not very active on New Year's Eve. We see a continuation of the downtrend on the Litecoin chart. The price is based on the support level 141.00, which is likely to be broken.

Symbol: LTCUSD
Order Type: Pending Order - Sell Stop
Entry Price at 141.00
Take Profit at 135.00
Pips Earning: 600

Forex trade strategy for major currency pairs:
EURUSD sell at the price of 1.1290
GBPUSD buy at the price of 1.3500
BTCUSD sell at the price of 45900.00
USDCHF sell at the price of 0.9120

The result of a trade recommendation.

The result of a trade recommendation.

Quote
Cryptocurrency trading recommendation
The profit can be $600.00 if the trading volume of 100 LTC.
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