LTC could make a relief rally, same picture as Bitcoin
LTC could make a temp move up towards those red resistance area's. The target of this wedge should be the highest one, BUT the market is still very weak. So i would close the position in 3 portions around those levels.
Note
I have my stop around 138, and targets are 170/180/190Note
LTC has shown a very weak rally since the low, showing people have lost interest in this coin. I have closed half at 163, i will close the other half if we drop below 148
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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.