How to Trade the Litecoin Selloff 🤑🤑

11 בנוב׳ 2021

Litecoin topped off just below $300, before a swift retracement back to support at $251, the exact level we called out as support yesterday. We have several green triangles on the KRI here confirming the support. Currently, we have rebounded back to $264, and seem to be wavering just above this level. A red triangle on the KRI suggests that we may be encountering resistance here, and perhaps continue a sideways correction before we can expect more buying momentum to come through.