- Same jumping pattern since the bottom.
- A jump is ~25 days in length. We are ~10 days into last jump.
- Before breaking $100, higher possibility of visiting $70 area.
- 55 day EMA acts like a jumping point. Last jump might dip its head a bit lower.
- Traders are flocking into not-yet-popped coins. Less attention, less energy.
- A jump is ~25 days in length. We are ~10 days into last jump.
- Before breaking $100, higher possibility of visiting $70 area.
- 55 day EMA acts like a jumping point. Last jump might dip its head a bit lower.
- Traders are flocking into not-yet-popped coins. Less attention, less energy.
Note
I still think 
LTC is highly likely to test support at $68-70.6H MA has been acting as a resistance for a while.
Note
That $70 test got bought up relatively quickly, yet I think it will re-test $70.Note
So $70 seems to be holding. I'm longing around $73 with SL $68 targeting $85.
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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.