Litecoin: Selling rallies. We look to Sell at 66.78 (stop at 68.61)

Technical analysis
Signal Centre

Litecoin

Intraday - We look to Sell at 66.78 (stop at 68.61)

Further downside is expected and we prefer to set shorts in early trade. Previous support, now becomes resistance at 67.00. Our outlook is bearish. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell into rallies.

Our profit targets will be 60.60 and 51.10

Resistance: 67.00 / 73.00 / 98.00
Support: 60.00 / 52.00 / 50.00

Source: TradingView
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