Litecoin blasted through all previous price targets to hit a high of $419.22. Price then retraced through the rest of the day, finding support at the 38% fib retracement. Price is now ranging between the 23 and 38 fib levels. WIth the rising Bollinger Band, we may see price consolidate in this region.
Note: I am using a 30 minute chart so we can clearly see the retracement levels.
If you like this post, please click the Like button, tell your friends, and re-Tweet!
Disclaimer: This post is for educational purposes only. Trading is at your own risk.
Note: I am using a 30 minute chart so we can clearly see the retracement levels.
If you like this post, please click the Like button, tell your friends, and re-Tweet!
Disclaimer: This post is for educational purposes only. Trading is at your own risk.