Litecoin has been in strong rally the last 2 days gaining almost 300$. We can observe a healthy pullback at the moment (some investors taking profits out of the table) and the question now is where does the pullback ends and at what level we should be buying?
As we can see Litecoin tends to respect psychological round numbers (Resistance at 200$, 400$). Litecoin...
After bitcoin 1.48% made new ATH 1.09% at around 17100 we observed a bullish flag continuation pattern that was completed and retested. The first target is the height of the flag pole which is at approximately at the 20000 price level which is also a psychological resistance level (Round number). We also have a confluence with the 1.618 Fibonacci extension level...