Litecoin has broken out of the upward channel (following btc) and is drifting back down to 200 day MA.
200 day moving average and Fib levels should provide good support levels. Look to purchase in the $68-$72 range if we see signs of reverersal. The first profit target being the all time high in the mid 90s. Cheers and happy trading
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.