Litecoin bounce from strong support and continue grow from this level.
important levels for LTC is a strong old support (dashed magenta line) and old major resistance (dashed orange line).
This levels is first long term target.
In case of breakout and successful retest this levels Litecoin have a chance to hit new ATH.
Key benefits:
Weekly and Monthly MACD cross
Buy between 0,0042-0,0048
Short-term targets:
0,0055
0,0059
0,0067
Long-term targets:
0,0088
0,01
0,015
important levels for LTC is a strong old support (dashed magenta line) and old major resistance (dashed orange line).
This levels is first long term target.
In case of breakout and successful retest this levels Litecoin have a chance to hit new ATH.
Key benefits:
Weekly and Monthly MACD cross
Buy between 0,0042-0,0048
Short-term targets:
0,0055
0,0059
0,0067
Long-term targets:
0,0088
0,01
0,015
Note
But this doji candle on last week...LTC may perform weekly double bottom
Note
Litecoin print double bottom on weekly timeframe, this is good buy signal.LTC may outperform BTC with big gain in few month
all short and long-term targets still active
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.