Litecoin at Resistance? We look to Sell at 133.65 (stop at 137.67)
LTCUSD - Intraday - We look to Sell at 133.65 (stop at 137.67)
Preferred trade is to sell into rallies. Choppy price action seen. Previous resistance located at 132.00. The trend of lower highs is located at 134.00. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower.
Our profit targets will be 121.67 and 112.00
Resistance: 132.00 / 142.00 / 150.00
Support: 125.00 / 120.00 / 115.00
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