LTC/USD Short Term Drop Then More Gains?
Updated
Another round at practicing charting and price predictions. Overall I'm bullish on LTC, due to Litepay coming out. It's been staring to deviate from 
BTC Bitcoins price movements recently so thats good to see, but who knows where the market will go.
Long term price predictions fro LTC
$245-$260
Short Bearish Symmetrical Triangle?
- Bounce off of 25 MA @ $221
- Test 55MA @ $216
- Drop To $212
- Then (MAYBE) drop to $209?
Bull Pennant?
- Maybe play with 100MA around $209.60 before reversal?
BTC Bitcoins price movements recently so thats good to see, but who knows where the market will go.Long term price predictions fro LTC
$245-$260
Short Bearish Symmetrical Triangle?
- Bounce off of 25 MA @ $221
- Test 55MA @ $216
- Drop To $212
- Then (MAYBE) drop to $209?
Bull Pennant?
- Maybe play with 100MA around $209.60 before reversal?
Note
Well we weren't the most accurate on the timing, but the short term pop and now playing with $212 is there. $209 seems obtainable so we shall see what LTC wants to do.
Disclaimer
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.