CoinAndCrypto

LTCBTC: Signs of Life

Long
BINANCE:LTCBTC   Litecoin / Bitcoin
Litecoin has a especially strong correlation with Bitcoins price over the last 3 months. It is currently at the bottom of a descending wedge with BTC and near the last of its long term supports. We foresee at least some upward momentum as this coin attempts to reach the upper resistance of its wedge. Invest small amounts of capital here in expectation of a small rebound. Reinforce if we breakout of the wedge.

Buy: 0.01275 - 0.01278

Target 1: 0.0134
Target 2: 0.01392
Target 3: 0.01534
Target 4: 0.01598

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