Litecoin- Rise to 133? (50% gain)
Of the 3 coins analyzed today, Litecoin I like best.
As we can see from the daily posted chart, after the top above 100, the break under the rising wedge's support, and the drop in support, LtcUsd has started to rise again.
This rise is very constructive and we have had higher lows since March with the last low being a Pin Bar.
Resistance is now the zone between 93 and 95 and a break here could lead to a rise well above 100 to the next important resistance at 133.
As we can see from the daily posted chart, after the top above 100, the break under the rising wedge's support, and the drop in support, LtcUsd has started to rise again.
This rise is very constructive and we have had higher lows since March with the last low being a Pin Bar.
Resistance is now the zone between 93 and 95 and a break here could lead to a rise well above 100 to the next important resistance at 133.
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