LTCUSD Daily Update - 1/23/21
Quick update on Litecoin, after getting rejected off of $183 the local high level, the price pulled back down to $121 - $124 on that initial 33% drop and then again creating a lower high at $159.65 and a higher low at $136.38
From here, LTC is hovering in the $136 - $145 accumulation zone and is gearing up to breakout going towards:
TP1 🎯 $159.65
TP2 🎯 $171.55
TP3 🎯 $183.81
Since Jan. 11th, cryptos have been in the same capitulation sell off and still creating higher lows. The dump is already in, it's going to slowly creep back up in a cup & handle formation.
From here, LTC is hovering in the $136 - $145 accumulation zone and is gearing up to breakout going towards:
TP1 🎯 $159.65
TP2 🎯 $171.55
TP3 🎯 $183.81
Since Jan. 11th, cryptos have been in the same capitulation sell off and still creating higher lows. The dump is already in, it's going to slowly creep back up in a cup & handle formation.
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