LTC Breaking Resistance Level
This is a bit of a longer term outlook with LTC on the weekly chart. You can clearly see a proven level of resistance that was just broke by a huge bullish engulfing candle.
Go to a shorter time frame chart (4H / 1D) and watch for a retest of the resistance turned support. Wait for confirmation and long towards the upper resistance around 145.
Keep LTC on your watchlist and wait for a bullish / bearish trend on the 4H chart around the resistance level. Current price is around the neckline of this consolidation zone.
Go to a shorter time frame chart (4H / 1D) and watch for a retest of the resistance turned support. Wait for confirmation and long towards the upper resistance around 145.
Keep LTC on your watchlist and wait for a bullish / bearish trend on the 4H chart around the resistance level. Current price is around the neckline of this consolidation zone.
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