LTC Bullish
LTC has successfully broke out from 2 major resistance lines. I have nibbled some, will accumulate more on the blue area. My target price is around $195 (green area), might take around a week to reach that price, if sentiment about cryptocurrency does not change.
If general sentiment goes low we will see price lingering around blue accumulation area, in my point of view it is (%40 chance). The price should bounce from orange dotted now support line upwards (%60 chance).
As always my analysis are not trading advises. It is your responsibility. I am just sharing my point of view on LTC.
If general sentiment goes low we will see price lingering around blue accumulation area, in my point of view it is (%40 chance). The price should bounce from orange dotted now support line upwards (%60 chance).
As always my analysis are not trading advises. It is your responsibility. I am just sharing my point of view on LTC.
The content I share is not intended as investment or trading advice. Always conduct your own research before making any decisions. Trading carries inherent risks, and I am not responsible for any losses you may incur.
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.
The content I share is not intended as investment or trading advice. Always conduct your own research before making any decisions. Trading carries inherent risks, and I am not responsible for any losses you may incur.
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.