LTC has successfully broke out from 2 major resistance lines. I have nibbled some, will accumulate more on the blue area. My target price is around $195 (green area), might take around a week to reach that price, if sentiment about cryptocurrency does not change.
If general sentiment goes low we will see price lingering around blue accumulation area, in my point of view it is (%40 chance). The price should bounce from orange dotted now support line upwards (%60 chance).
As always my analysis are not trading advises. It is your responsibility. I am just sharing my point of view on LTC.
If general sentiment goes low we will see price lingering around blue accumulation area, in my point of view it is (%40 chance). The price should bounce from orange dotted now support line upwards (%60 chance).
As always my analysis are not trading advises. It is your responsibility. I am just sharing my point of view on LTC.