LitecoinLong
LTC Pullback And Accumulation Before It's Next Run up
Updated
+LTC has been on a crazy run in the past 8 days with a whopping 75% in over a week.
+LTC had its first touch on a monthly resistance leading to its current pullback
+ I called these Targets and the pump in my recent LTC read.
+With all the crazy Crypto bullish news this recent pump was just a tease.
+LTC just made a huge move up and noobs are buying in without knowing what is going on.
+I wouldnt be surprised if we saw a 10-15% correction from the level $122 sometime after weekly close just because this move is exhausted and needs to create a new accumulation cycle.
+We still aren't in Alt Season yet if we take a look at the Crypto market cap exlude We've still have alot of room to grow.
+There is a chance we will see LTC a 99.77 again and that is where I will be re entering.
+Very Simple TA on LTC overall very bullish but stopping out noob longs as we move forward.
1st TP $137
2nd TP $171
+LTC had its first touch on a monthly resistance leading to its current pullback
+ I called these Targets and the pump in my recent LTC read.
+With all the crazy Crypto bullish news this recent pump was just a tease.
+LTC just made a huge move up and noobs are buying in without knowing what is going on.
+I wouldnt be surprised if we saw a 10-15% correction from the level $122 sometime after weekly close just because this move is exhausted and needs to create a new accumulation cycle.
+We still aren't in Alt Season yet if we take a look at the Crypto market cap exlude We've still have alot of room to grow.
+There is a chance we will see LTC a 99.77 again and that is where I will be re entering.
+Very Simple TA on LTC overall very bullish but stopping out noob longs as we move forward.
1st TP $137
2nd TP $171
Note
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