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- Monday's Litecoin is seen to fall by more than 2%, but remains promising signs on the upside.
- The LTC / USD price action has formed a broader lead bulls model.
- The $ 60 territory continues to be problematic for Litecoin, however a larger move may be coming.
60-minute LTC / USD chart
Spot rate: 64.837
Relative change: -2.13%
High: 66.585
Low: 64.286
Trend: Bearish
[19659006] Support 1: 64.650, lower part of the pennant.
Support 2: 64.150, 2nd September below.
Support 3: 63.950, heavy demand area entry.
Resistance 1: 65.180, 38.2% Fibonacci.
Resistance 2: 65.415, top of the pennant.
Resistance 3: 65,685, 50% Fibonacci.
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