LitecoinLong
Litecoin In Tight Range
Litecoin continues to be trading in a tight range within the last few days. The bears were not capable of a break below the critical March 30 low of $109.27. However, the T/P $121.00 was reached before fill at $174.00. The bulls were not able to drive a pullback either. Hence, we have the tight range. If the $109.27 level breaks, the next support is February low at $100.20. Our goal is to wait for a new Sell at $140.00 (Stop at $173.00, and T/P at $91.00) set up to form before shorting the coin pair.
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.