- Litecoin price completed its bear trap after setting a swing low below the January 22 low at $96.39.
- The resulting upswing will propel LTC to contend with the $117.80 and $124.09 hurdles.
- A four-hour candlestick close below $91.61 will create a lower low and invalidate the bullish thesis.
Litecoin price is experiencing a pullback after it experienced a quick run-up. The price action prior to the minor rally plays a crucial role in identifying trend reversals;…
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