Over the weekend, Litecoin gave up the $130's to test our lower level at $124. We saw some green triangles on the KRI here to confirm support from this level. Subsequently, we got bought back up to $130, and appear to be hanging onto this level by a thread. It looks like we may be forming a bear wedge or other consolidation pattern as Litecoin decides its next move. We are seeing very little buying interest, even in the low $130's, which suggests that Litecoin will need to test lower levels again to entice buyers. If so, watch $124 to hold as a low again. The level $134 seems a prohibitive high at this point, but if we can break that, then $141 is the next target.
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Litecoin DUMPS!! Tests support at $120! 📉📉📉😱😱
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