In my previous [#LTC plot](tradingview.com/chart/LTCBTC/IPin9eYV-LTC-follow-up/) the move was clearly going to break the wedge pattern and it seemed to me a good buying opportunity for the short term. Now as the previous short move has happened and there is a new move that formed and this time I'm currently thinking of buying for the long term. The next support level sits at 0.0075 BTC which is probably the test level that will be hit before a new move will get started. The resistance level sits at 0.0097 BTC , a break above it will try to test the 0.012 BTC and 0.016 BTC resistance levels and if the test is possible it will stay within those levels.
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.