All depending on daily close within next two days. If bulls manage to close daily above the green 100 MA (green) - LTC will most likely move towards the stronger 200MA resistance. If tomorrow we close below, the possibility increase to drop down slightly below previous support levels. In this case, I would look at possible Wyckoff accumulation schematics with the potential of reaching new highs before December. Time will tell...
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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.