The daily chart shows a falling wedge finding support along the long term trendline. I'd say bullish but the $100 resistance will force LTC to make a big move around June.
Invalidated if the wedge fails, which will ultimately cause a break in the long term trend. Confirmed short term at a close around $77. Daily RSI could favor a sustained upward price action.
I've been seeing a lot of calls for $40-60 price, which is possible if this setup fails.
Not financial advice.
Invalidated if the wedge fails, which will ultimately cause a break in the long term trend. Confirmed short term at a close around $77. Daily RSI could favor a sustained upward price action.
I've been seeing a lot of calls for $40-60 price, which is possible if this setup fails.
Not financial advice.