๐ฅ Litecoin Back In The Channel: Consolidation Expected
A little while ago I made an analysis on Litecoin and the potential future moves.
In the analysis above I argued that LTC was either going to move up or correct downward. The corrections happened and was more intense that initially anticipated.
Whereas I thought that we'd see a minor correction to the $190-$200 area, we went much further and almost hit the major $160 support.
As it looks now, we're in a period of consolidation. I've marked two areas of support / resistance on the chart, we're likely trading inside this area for the coming days.
Most bullish scenario would be a daily close above $200 in the near future. This might be the signal for a completed reversal. Target: $230.
Happy trading!
In the analysis above I argued that LTC was either going to move up or correct downward. The corrections happened and was more intense that initially anticipated.
Whereas I thought that we'd see a minor correction to the $190-$200 area, we went much further and almost hit the major $160 support.
As it looks now, we're in a period of consolidation. I've marked two areas of support / resistance on the chart, we're likely trading inside this area for the coming days.
Most bullish scenario would be a daily close above $200 in the near future. This might be the signal for a completed reversal. Target: $230.
Happy trading!
๐ฏOfficial Channel: t.me/FieryTradingChannel
๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: fierytrading.com
๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: fierytrading.com
๊ด๋ จ ๋ฐํ๋ฌผ
๋ฉด์ฑ ์ฌํญ
์ด ์ ๋ณด์ ๊ฒ์๋ฌผ์ TradingView์์ ์ ๊ณตํ๊ฑฐ๋ ๋ณด์ฆํ๋ ๊ธ์ต, ํฌ์, ๊ฑฐ๋ ๋๋ ๊ธฐํ ์ ํ์ ์กฐ์ธ์ด๋ ๊ถ๊ณ ์ฌํญ์ ์๋ฏธํ๊ฑฐ๋ ๊ตฌ์ฑํ์ง ์์ต๋๋ค. ์์ธํ ๋ด์ฉ์ ์ด์ฉ ์ฝ๊ด์ ์ฐธ๊ณ ํ์ธ์.