LTC might have more room to go lower
Following smart money/institutions footprints, I see the possibility to go back $24 - $30.50, given there are still two weeks until Aug 1st, go all the way up to $48 is less likely. Today, LTC didn't move while BTC and ETH are all above 15% gain.
Target 1 would be ATH, take some profit if you like, but most likely will poke through without hesitation since it does not look like a consolidation area.
Target 2 would be $65 - $67. It is calculated based on bullish flag theory originally. We will see if this will pan out.
Please let me know what's your thoughts? Thank you.
Target 1 would be ATH, take some profit if you like, but most likely will poke through without hesitation since it does not look like a consolidation area.
Target 2 would be $65 - $67. It is calculated based on bullish flag theory originally. We will see if this will pan out.
Please let me know what's your thoughts? Thank you.
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