VeryChilledDude
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since Jan 12, 2018
logscale
ltc
ltcusd
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pitchfork
supportandresistance
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zenusd
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We're sitting at the ath area from 2018 right now. Let's see if it can become a new support line. In case the daily candle doesn't close above 56$ today I can see a retest of the 55 EMA (orange line) around 47$ and maybe even going lower. This is not a financial advice. Just an ape sharing his view.
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Looks like we're about to retest the support level at 180$ (55 EMA). At the same time we're not far away from the temporary resistance at 240$. If we break through it and find new support we might have another big leg up. Also google trends shows me that the interest for "litecoin" is by far not even close to the ath from 2017. So all in all I'm bullish on this...
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