Crypto Screener Forums Litecoin (LTC) Forcast – Technical Analysis Litecoin (LTC) Technical Analysis – December 2017 Reply To: Litecoin (LTC) Technical Analysis – December 2017

#1135
margincall
margincall
Keymaster

Litecoin recovered nicely after the bloodshed as we can see on the chart with 4hr candles.

Litecoin forecast

The current short term trend is bearish and I have some buy order in close to $240 and $200.

Look for the breakout trade above $360.

We can see that there was a lot of action below $200 and the buyers pushed the prices back into the $200 zone.

Support is at $240 for the short term and I would look towards $160 – $200 for the medium and long term support.

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