LTC/USD
The price of Litecoin has been decreasing through the previous period and fell back to the levels of the prior low at $43.6 around which it is currently being traded. From last Thursday we have seen an increase which resulted in a lower high at $46.3 after which the price continued moving to the downside and formed a lower low. These price movements have formed a descending triangle whose apex points out at the next significant horizontal level below the 1.272 Fibonacci one.
EOS/USD
From Sunday when the price of EOS was sitting at $2.776 at its highest point we have seen a decrease of 8% measured to today’s lowest point at $2.554. The price is currently being traded slightly above today’s low but is showing early signs of minor reversal developing.
Read more: https://www.fxopen.blog/ltc-and-eos-is-reversal-soon-to-start/