Aurum Markets Blog Technical Analysis A potential bearish movement on LTCUSD

A potential bearish movement on LTCUSD

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The movement of LTCUSD towards 91.2100 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

Supported by Downward sloping Moving Average

Target: 91.21 Entry: 92.73 Stop: 93.3283

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