Litecoin / TetherUSāļĨāļāļĨāļ
ðēLitecoin Declines To Strong Support Zoneðē
ðēLitecoin Declines To Strong Support Zone
ðēLitecoin has been falling quite rapidly in recent days.
ðēAll thanks to the correction that is taking place on the main US S&P500 index
ðēThe entire crypto market has taken a hit along with this decline.
ðēIt looks like Litecoin still has some strength left to fall.
ðēAhead of us near the $57 price level is the 0.618 fibo level of the entire upward wave from the bottom to the current peak.
ðēI have set a support zone there, which I expect to be captured over the next few days.
ðēThe scenario I'm playing out is a continuation of the decline to the support zone where I'll be watching closely to see how the price will react, waiting for the next upward wave. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
ðIf you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.ð
ðēLitecoin has been falling quite rapidly in recent days.
ðēAll thanks to the correction that is taking place on the main US S&P500 index
ðēThe entire crypto market has taken a hit along with this decline.
ðēIt looks like Litecoin still has some strength left to fall.
ðēAhead of us near the $57 price level is the 0.618 fibo level of the entire upward wave from the bottom to the current peak.
ðēI have set a support zone there, which I expect to be captured over the next few days.
ðēThe scenario I'm playing out is a continuation of the decline to the support zone where I'll be watching closely to see how the price will react, waiting for the next upward wave. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
ðIf you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.ð
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ðē t.me/Investmatez ðē
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