<center>![Avatar Trade2.JPG](https://steemitimages.com/DQmdYS9kddtwL5FdPXagGGEyvphp6Tjki6kag7Z5iPUvMWZ/Avatar%20Trade2.JPG)</center>

I last spoke about Litecoin over one month ago,

<center>[Crypto Analysis Report 5-5-18 Litecoin, Next Test Are The Sellers At $180]( https://steemit.com/bitcoin/@rollandthomas/crypto-analysis-report-5-5-18-litecoin-next-test-are-the-sellers-at-usd180)</center>

I stated price was following my projected path to $210, the next battle with the sellers was at $180, but price was in the middle of the curve and in an uptrend, was expecting another pull back at $180, but ultimately price would get to $210.

**<center>April 17th</center>**

![](https://cdn.steemitimages.com/DQmYBCPqabdwWCh9U2SzUSukuSBzmQ8hRAqAUZGwoCtN8fz/image.png)

**<center>May 5th</center>**

![](https://cdn.steemitimages.com/DQmZw2HFk4KwpNRTVARgkK818yNfBcQnU41KZQWcGWTuyPi/image.png)

 Unfortunately, the sellers won the battle at $180 and pushed price all the way back to a sub $100 level.  

![](https://cdn.steemitimages.com/DQmWEGjt2YQhapn2o9Rsfkx25UaWPThTN5a4H8URtycPKb5/image.png)

This level hasn’t been seen since December.  I have checked through all my post and I have never talked about this level because price never got back to this level until now.  Price is low on the curve again and within daily and weekly demand.  I think Litecoin is a great buy opportunity for long term bulls down at$70-$80 for the following reasons:


*Price is low on the curve, price likes to go from one extreme of the range (low on the curve) to the other extreme of the range (high on the curve). 

*Price is sitting not only within a daily demand zone, but also within an weekly demand zone as well.

*Price told us there are a bunch of unfilled buyers when price came down and quickly shot back up on February and formed a floor in mid April.

*There are a ton of unfilled buy orders sitting between $70 and $80.

![](https://cdn.steemitimages.com/DQmbYc7pftD42wKSckztt3xHY3LWsSbyFnzNk2rfbEEqVam/image.png)

Because sentiment has been so low, what for some type of confirmation as such as RSI breaking the down trendline (the red line).  However, I will be sure to provide an update if price gets down to the $70-$80 range. 

This post is my personal opinion. I’m not a financial advisor, this isn't financial advise. Do your own research before making investment decisions.

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