THELOGICALINDIAN - Litecoin amount alone today to 376 at the time of autograph of this commodity and it seems that the bazaar will abide on press lower lows afresh today at the end of the canicule trading affair In my assessment Litecoin amount is now battling what is activity on forth the BitcoinFiat charts
By analytical the 1 day (LTC/USD) archive from Bitfinex (look at the beneath chart); acute the 20,50 and 100 EMAs and active a Fibonacci attrition fan forth a trend band that extends amid the low accomplished on the 29th of October ($2.79) and the aerial printed on the 4th of November ($5.38), we can apprehension the following:
By allegory the 1 hour (LTC/USD) archive from Bitfinex (look at the beneath chart), befitting the Fib retracement we advised on the 1 day archive and acute the 20, 50 and 100 EMAs, we can achieve the following:
Litecoin amount bottomward as Bitcoin amount alteration is additionally branch South. Levels as low as $3.40 are accepted aural the abutting 24 hours.
Charts from Bitfinex; hosted by Tradingview.com