LITECOIN (LTC/USD) POTENTIAL TO $170 BUT FIRST...$100 AGAIN?
DAILY CHART EXPLANATION:
Good morning! LTC/USD has been on an uptrend since beggining of the year on a 500% movement on average. So it is a big impulsive movement, and also did a breakout of the ascending channel, faking a breakout and getting inside the channel again. The mid/long term vision on this crypto is still bullish based on our analysis, but the corrective movement that is playing out at this moment can reach de $100 zone, to start the bullish movement again.
WEEKLY VISION:
Good morning! LTC/USD has been on an uptrend since beggining of the year on a 500% movement on average. So it is a big impulsive movement, and also did a breakout of the ascending channel, faking a breakout and getting inside the channel again. The mid/long term vision on this crypto is still bullish based on our analysis, but the corrective movement that is playing out at this moment can reach de $100 zone, to start the bullish movement again.
WEEKLY VISION:
Trade fermée: cible de profit atteinte
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.