Hi traders,

This is my view on Litecoin.

Litecoin first was in a descending triangle, broke out en looking for support now.

If Bitcoin will bounce quickly, the price of ltc will bounce on support 1 and will go up quick. If BTC will break support around 9150, we'll see BTC fall $2000. After that LTC will dump until support 2. And maybe 3.

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Support and ResistanceTriangle

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