LitecoinLong
Only Bullish for LTC
*NOTE*
This is just a idea, not trading advice but to put my view on where LTC can go.
3 different Scenarios can play out for LTC. With so much bullish momentum, LTC is heading towards the upper part of the Symmetrical Triangle with some strong resistance at $194-$195.
1. Ultra bullish: Target price $205-$209
2. Very bullish: head and shoulders play out and we get a small pull back at $195 to $185 and come out to shoot for the top of the symmetrical triangle.
3. Bullish with a bearish outlook: confirm bottom around $170 or break down to $150 range to test double bottom.
Happy trading
This is just a idea, not trading advice but to put my view on where LTC can go.
3 different Scenarios can play out for LTC. With so much bullish momentum, LTC is heading towards the upper part of the Symmetrical Triangle with some strong resistance at $194-$195.
1. Ultra bullish: Target price $205-$209
2. Very bullish: head and shoulders play out and we get a small pull back at $195 to $185 and come out to shoot for the top of the symmetrical triangle.
3. Bullish with a bearish outlook: confirm bottom around $170 or break down to $150 range to test double bottom.
Happy trading
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.
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.