UPTREND CONFIRMED LTCUSD - SHORT TO LONG?
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The sudden rise in LTC prices in the last few hours could lead to a retracement towards resistances (around $94) before rebounding to new highs.
The retracement is a natural consequence of the monetization of intraday/weekly investors who will liquidate their buy positions in the next few hours/days.
However, the uptrend of the entire crypto market remains apparently confirmed.
Good trading!
The sudden rise in LTC prices in the last few hours could lead to a retracement towards resistances (around $94) before rebounding to new highs.
The retracement is a natural consequence of the monetization of intraday/weekly investors who will liquidate their buy positions in the next few hours/days.
However, the uptrend of the entire crypto market remains apparently confirmed.
Good trading!
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