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LTC - Strong Over-Head Resistance - Could Go Down To $100-$120

BITFINEX:LTCUSD   Litecoin / Dollar
Litecoin is facing some heavy overhead resistance from a descending trend channel plus a horizontal resistance level at $170-$180. Price is rejecting this level on the 4 hour chart and could be headed down to $100-$120, where we should have a really nice buying oppertunity.


Daily chart view:
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