LTCUSD (8h): Challenging Forecast >50 >40? >55 >70 >90 >120 USD

LTC is currently difficult to evaluate. Many uncertainties about China. LTC is still quite popular in China. The effects of the end of the exchanges are still to be seen. I basically see a long-term goal of usd 120. The way up can go different steps. We can drop down to 40 and start then to the top or LTC goes now sideways and then up. A relative disappearance of LTC is more than impossible (drop down under 20). It will keep itself as a good alternative to BTC.

Let's see what happens. Happy trading. :-)


See also:

Chart Sep 22

Chart Sep 2

Komen:

LTCUSD (8h) update: maybe we'll see a third step until the correction comes.

Komen:

be watchful ...

Komen:

LTCUSD (8h) chart update: next up possible.

Komen:

LTCUSD (8h) update: up as expected.

Komen:

LTCUSD (1d) update chart: LTC on the road again.

Komen:

LTCUSD (1d) update chart: LTC still on track along the trendline

Komen:

LTCUSD (1h) update chart: if you look for a re-entry, be watchful - maybe head and shoulders pattern

Komen:

LTCUSD (1d) update chart: two possible ways up.

Komen:

LTCUSD (1d) update chart: retracement ahead ...