Hello,
LTC lost a first battle, but not all hope. It will regroup and fight back (100 EMA). Afterwards it has to brake and sustain over the 220 level to gain some confidence. Only than we can think about target levels.
Good news is that the Litepay progress from now on should be supportive.
Looking at how other cryptocurrencies are performing it is not that bad after all.
LTC lost a first battle, but not all hope. It will regroup and fight back (100 EMA). Afterwards it has to brake and sustain over the 220 level to gain some confidence. Only than we can think about target levels.
Good news is that the Litepay progress from now on should be supportive.
Looking at how other cryptocurrencies are performing it is not that bad after all.
Note
Until now, my idea was quite accurate. My guess is that in The next week or so we will break above 220 and stay there for a few more days. 100 EMA was tested numerous times and holds it together:).
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.
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.