Litecoin Price Technical Analysis for 16/9/2015 - Keep A Close Watch

Litecoin Price Technical Analysis for 16/9/2015 - Keep A Close Watch

Yes, that is the advice I have for market participants involved in Litecoin trading. Litecoin is currently at a juncture where if it begins its upward climb, it can give high returns; but if it falls, then there is a roughly 25 percent downside. Remember my September price target - $2.000? Trading at $2.790, Litecoin is trying to limit its losses, however, it cannot help much since the Bitcoin markets are under tremendous pressure. Bitcoin is now at $230, but if it closes below $220 on a weekly basis, then a major collapse will ensue which will adversely affect Litecoin as well. Below are....


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