Bulls vs Bears
Updated
LTC had an amazing run over 300. It just broke below 300 and next support seems to be around 240, then 200.
If it can hold over 280-300 I'd look for a run back over 350.
My target is 500 by Christmas but it could just as easily fall out of bed to 200 and build a new floor.
At any rate HODL strong my friends if you believe in the future of Litecoin and technology behind it. MAST, Lightning Network, Atomic Swaps, Anon transactions and more are coming in 2018 - 2019.
This chart also shows some other trend lines I've been drawing for weeks.
If it can hold over 280-300 I'd look for a run back over 350.
My target is 500 by Christmas but it could just as easily fall out of bed to 200 and build a new floor.
At any rate HODL strong my friends if you believe in the future of Litecoin and technology behind it. MAST, Lightning Network, Atomic Swaps, Anon transactions and more are coming in 2018 - 2019.
This chart also shows some other trend lines I've been drawing for weeks.
Note
300 is strong as heck I think longs are in great shape.Note
dropped to 250 now sideways around 270. low volume so not too convinced by the drop. I feel a bounce back above 300 is in order but remains to be seen!Note
350 = bullish!
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.