LTC on the verge of a 10% breakdown – Confluence Detector

  • Litecoin has lost the ground above $90, adding credibility to the potential freefall to $80.
  • A sell signal on the weekly chart suggests that the correction is almost inevitable before LTC rebounds significantly.

Litecoin refreshed the highs above $90 but left $100 untouched. The failure to sustain the uptrend has led to a drop below $90. LTC/USD is teetering at $88 amid bearish signals favoring losses eyeing $80.

Litecoin prints a massive bearish picture

LTC has…

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