LTC may retest, $296 today, however it looks like it's holding the $300 mark. It's following BTC, but not in large percentages. LTC is looking like it's resisting BTC's price drops and is looking strong in that aspect. If we print a green candle on the 4hr, I will look for volume on the 24m and 7m to confirm it's pulling away from BTC.What are your thoughts?
Note
Throughout this bull run, LTC has followed BTC close, but in the past few weeks, it looks like it has been breaking away from BTC.Note
So LTC bottom today was close to my target, I will be taking profits soon to close out this trade. First target will be close to 331, my second is 337. Good luck guys! Have fun!
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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.