Litecoin
Panjang

Jump On The Litecoin Train Before It's Too Late

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Litecoin recently reached a low at just under $50 and is now hovering at $56. With this current sideways movement we are forming another bear flag. As you can see we have formed a series of bear flags. Based on a Fibonacci extension this bear flag would send price down to sub $50 and as low as $36.99. However not every bear flag produces a continuation of the trend.
If we do break down I would start buying in the mid $40 range and lower. From there I used two fibonaccis to find target areas which are
$107 - $111 and $124 - $133

Be patient and wait for confirmation

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.