LTC is up 12% on the day currently, One of the stronger alts I am watching.
Lets keep it simple for Litecoin as we take a peak at the daily timeframe.
LTC has exploded higher the past 2 days after breaking out of the $60 ascending triangle. I do think LTC should slow down and consolidate for a few days before climbing higher, but the bullish momentum is strong and we could continue to the $100 key level before a larger pullback. But first the $80 support level needs to hold for the bulls, and a break of the $90 level would lead to a continuation to the $100 level. From there I do think we consolidate further with a possible pullback to retest the $90 zone. But medium term target is the $115 zone if we see the current momentum sustained.
Lets keep it simple for Litecoin as we take a peak at the daily timeframe.
LTC has exploded higher the past 2 days after breaking out of the $60 ascending triangle. I do think LTC should slow down and consolidate for a few days before climbing higher, but the bullish momentum is strong and we could continue to the $100 key level before a larger pullback. But first the $80 support level needs to hold for the bulls, and a break of the $90 level would lead to a continuation to the $100 level. From there I do think we consolidate further with a possible pullback to retest the $90 zone. But medium term target is the $115 zone if we see the current momentum sustained.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.