✴️ Litecoin Support Found (Target Potential 150-210)
Since early July Litecoin has been dropping, major red candles every single time.
There isn't one single candle with a big real body that's green.
This week everything changes for LTCUSD.
We have the first candle that has a green real body and at the same time a strong bullish candle. Right now it has a long lower shadow and full green at the top.
After two months of consecutive bearish action, we have high probability of support being found as a long-term higher low. This can lead to a new bullish wave, we are actually certain, and this wave can push prices high up to 150 or even 210.
That's what I am getting from this chart.
Namaste.
There isn't one single candle with a big real body that's green.
This week everything changes for LTCUSD.
We have the first candle that has a green real body and at the same time a strong bullish candle. Right now it has a long lower shadow and full green at the top.
After two months of consecutive bearish action, we have high probability of support being found as a long-term higher low. This can lead to a new bullish wave, we are actually certain, and this wave can push prices high up to 150 or even 210.
That's what I am getting from this chart.
Namaste.
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