UPS litecoin LTC

Litecoin [LTC]: How traders can leverage these profitable outcomes

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.The ongoing market-wide liquidations pulled Litecoin [LTC] toward its long-term support around the $42-zone.

The drop below the $61-zone affirmed the strength of its month-long descending triangle on the 4-hour timeframe.A potential close below the immediate support range could boost the chances of a $47-zone retest before any trend-committal move.

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