🔥 Litecoin Crossing Important Resistance
Litecoin is currently trading near an important resistance around $180. With the market turning around today, I'm expecting LTC to pierce this resistance today and moving towards the green area of resistance, ranging from $200-$210.
The $200 area is extremely important for LTC since it marks the first top after the capitulation late May. A minor retracement is to be expected after hitting this area of resistance.
Assuming BTC will remain trading above the 200-day SMA, the expectation is that LTC and other alts will continue to go up. A $300 LTC value is to be expected in the following months.
Happy trading!
The $200 area is extremely important for LTC since it marks the first top after the capitulation late May. A minor retracement is to be expected after hitting this area of resistance.
Assuming BTC will remain trading above the 200-day SMA, the expectation is that LTC and other alts will continue to go up. A $300 LTC value is to be expected in the following months.
Happy trading!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.