Litecoin- Genuine break under 100 figure- 70 is my target

LTC/USD COINBASE:LTCUSD

Mihai_Iacob

Since January’s break under 140 support, Litecoin is trading in a descending triangle . The end of March beginning of April break above trend line resistance proved to be a false break and the coin has dropped again to 100 support. As I expect a strong sell-off in all the crypto market, for sure Litecoin will not make an exception and it will dive (in my opinion) under 100 key figure.
70 USD is my target and only back above 110 would change my opinion

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