Litecoin is at the support level of 0.618 by Fibonacci correction.
The fall happened on the growth of trading volumes.
The price broke down the uptrend channel.
There are no arguments for growth now, but the asset sold off quite sharply, so a small correction is possible. After fixing LTC under the resistance level, I expect the continuation of the downward movement.
The fall happened on the growth of trading volumes.
The price broke down the uptrend channel.
There are no arguments for growth now, but the asset sold off quite sharply, so a small correction is possible. After fixing LTC under the resistance level, I expect the continuation of the downward movement.
