Fading Litecoin rally. We look to Sell at 103.62 (stop at 107.84)
Intraday - We look to Sell at 103.62 (stop at 107.84)
The sequence for trading is lower lows and highs. Rallies continue to attract sellers. We can see no technical reason for a change of trend. Further downside is expected although we prefer to sell into rallies close to the 104.00 level.
Our profit targets will be 93.34 and 91.00
Resistance: 102.00 / 104.00 / 106.00
Support: 98.00 / 96.00 / 94.00
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