BigChonis

$LTC - Which trend LINE will Break first ...?

COINBASE:LTCUSD   Litecoin
As litecoin continues bullish momentum off it’s most recent bottom it currently finds the price trapped in this rising wedge contained by both strong support and resistance lines. Price is bouncing against upper resistance line and only a BREAK and HOLD above would issue in continued higher prices will be tested. A test and break of the lower trend support would put a test of $110 area back on the table. However, $BTC #bitcoin still runs the show and will dictate any price action in Litecoin until there is a ratio diversion between the two...

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.