LTCUSD Looks heavy
Litecoin is at risk of turning lower on the cryptocurrency market, as the LTCUSD pair struggles to make new monthly trading high. A bearish triple-top price pattern is offering a potential warning to bulls and is clearly visible across various time frames. According to technical analysis, the $100.00 and $85.00 levels are the main bearish targets if the LTCUSD pair turns lower.
The LTCUSD pair is only bullish while trading above the $140.00 level, key resistance is found at the $160.00 and the $180.00 levels.
If the LTCUSD pair trades below the $140.00, sellers may test the $100.00 and $85.00 support levels.