Hi everyone
I checked on how did Litecoin move in the summer of 2019 when it was at current levels. As you can see there were 5 stages. We are now in stage 2. where LTC retested its support at 64.25 levels.
3. stage is a pump to 122 levels where LTC got rejected in 2019 and again dropped to re-test the 93 USD levels, this was the 4. stage.
The last stage was the TOP at 147 USD. Am I seeing this happening again? I don't know, but it is oddly similar to the situation that went on in Summer 2019.
Keep an eye on this.
I checked on how did Litecoin move in the summer of 2019 when it was at current levels. As you can see there were 5 stages. We are now in stage 2. where LTC retested its support at 64.25 levels.
3. stage is a pump to 122 levels where LTC got rejected in 2019 and again dropped to re-test the 93 USD levels, this was the 4. stage.
The last stage was the TOP at 147 USD. Am I seeing this happening again? I don't know, but it is oddly similar to the situation that went on in Summer 2019.
Keep an eye on this.
Nota
Didnt go as much sideways as i thought, but so far going as planned. LTC tested the resistance at $122 and got rejected. We can also see that it had bounced of the support at around $93, now heading back towards the $122 levels.We could see a breakout and a retest of June 2019's high at $147.
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.