Litecoin / TetherUS
Long

🔥 Litecoin Regaining Lost Ground: Bullish Outlook

973
In my previous LTC analysis I argued that LTC was one of the major crypto's who simply being left behind when it comes to gains. Volatility and volume were low, which lead to a long phase of consolidation.

With this morning's break of the channel resistance, LTC is regaining lost ground quickly, making it one of the top gainers of this morning. Previous resistances now function as major supports.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.

Happy trading!


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.