Litecoin: Short Previous Resistance. We look to Sell at 107.15 (stop at 111.10)
LTCUSD - Intraday - We look to Sell at 107.15 (stop at 111.10)
Preferred trade is to sell into rallies. Previous support at 108.00 now becomes resistance. We have a 61.8% Fibonacci pullback level of 108.41 from 116.00 to 96.14. The primary trend remains bearish .
Our profit targets will be 96.14 and 91.22
Resistance: 108.00 / 112.00 / 116.00
Support: 96.00 / 90.00 / 80.00
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