LTC looks to test the upper trend line that I have, so I expect it to move back towards 150 over the few days.
The overall trend is bullish, with $200 probably being the biggest obstacle ahead.
I do not have a lot confidence in my lower trend line as of yet. I think it needs to test it again first.
The overall trend is bullish, with $200 probably being the biggest obstacle ahead.
I do not have a lot confidence in my lower trend line as of yet. I think it needs to test it again first.
Note
LTCUSD has blown past the upper trend line in the last 24 hours. The further away we get away from those trend lines, the harsher the correction will be if consolidation doesn't occur.Note
Pullback/consolidation is underway.Trade closed: target reached
LTC is back inside the trendlines
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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.