LTC ANALYSIS:
LTC is in the same boat as ETH. Running thru all sense of resistance ands buyer FOMO starting to come into play. The yellow box should turn into a temporary support, and another wave should bounce off this support. The main targets for the future are Target 1 at $89, followed by Target 2 at 101 and Target 3 at 114. This analysis is not a short term target zone, this is for bag holders. There will be small turnovers along the way, for this analysis do not use leverage. RSI is oversold but does have room to run. Buyers look hungry and I expect a further incline upward towards to $100.
Possible Entries: 74-79
LTC is in the same boat as ETH. Running thru all sense of resistance ands buyer FOMO starting to come into play. The yellow box should turn into a temporary support, and another wave should bounce off this support. The main targets for the future are Target 1 at $89, followed by Target 2 at 101 and Target 3 at 114. This analysis is not a short term target zone, this is for bag holders. There will be small turnovers along the way, for this analysis do not use leverage. RSI is oversold but does have room to run. Buyers look hungry and I expect a further incline upward towards to $100.
Possible Entries: 74-79