GoldBands
Panjang

Litecoin Resumes it's Move Higher - 12-18-2017

COINBASE:LTCUSD   Litecoin / Dollar
Litecoin continues it's rally after the pullback to the .618 fib on the 14th and 15th of December. That pullback was a very healthy pause and allowed buyers to re-charge their positions. A move back to the previous high of $420 seems reasonable. The next target after that is at the 1.236 extension at $484.61.

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Disclaimer: This post is for educational purposes only. Trading is at your own risk.
So, do you think 370 will be our next testing point? We're now at 350 (300 EUR on gdax), and it looks like a new resistance.
Balas
GoldBands itexperience
@itexperience, looks like price wants to hit the upper BB. currently at $365 on the 30 min chart.

Balas
itexperience GoldBands
@GoldBands, thank you for your answers and expertise. I have faith the upper BB will break. And if not, I've set a stop-loss ;-)
Balas
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