LTCUSD Technical Analysis for 10/06/2017 – Bearish Channel Correction

LTCUSD continues to trend lower and is moving inside a bearish channel connecting the highs and lows since the start of the month. Price is currently testing the channel resistance just below the $52 level. This lines up with the 61.8% Fibonacci retracement level on the latest swing high and low. It is also below […]<br />The post LTCUSD Technical Analysis for 10/06/2017 – Bearish Channel Correction appeared first on The Bitcoin News – Leading Bitcoin and Crypto News since 2012.

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