Litecoin May Continue Up Amid Strong Support
Litecoin has found a strong support at 78.90, and is now recovering. However, LTCUSD is still in the downward trend that started on July 3. Thus, some tactical long positions could be opened after a breakthrough of the resistance at 84.10-84.60 with a target at 88.25, the high of August 3. A stop-loss order could be set below 83.00, a low of August 9.
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