LitecoinLong
LTC in March – $120 or $5?
Some super simple, broad trend TA here.
No question LTC broke above of its descending resistance in a big way on February 8th. The next major question is what happens when it re-tests its current ascending support, likely in the month of March.
If the retest fails, we could be looking a ta precipitous drop to single digits.
On the other hand, if the test holds, the march back to $120 – along with the next Bull Market – could just around the corner.
No question LTC broke above of its descending resistance in a big way on February 8th. The next major question is what happens when it re-tests its current ascending support, likely in the month of March.
If the retest fails, we could be looking a ta precipitous drop to single digits.
On the other hand, if the test holds, the march back to $120 – along with the next Bull Market – could just around the corner.
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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.
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.