Litecoin at Support with breakout short signal

Litecoin / Dollar BITFINEX:LTCUSD

norok

Litecoin COINBASE:LTCUSD pegged the 108.82 support level which it has consolidated above for a few days. This snap back off the level shows confirmation that it is a support but also sets up a clear breakdown entry level. With crypto having a bearish few days and the Bitcoin short being live the sentiment is bearish . Breaking this level would trigger a short opportunity.

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