LTCUSDT Analysis

30 juin 2020

After a good couple of months to start 2020, LTC’s value is at the same value as it started at the beginning of the year. In just 4 months, LTC’s stock dropped by 50% and has been roughly at the same value for over a month. Right now, is not a good time to invest in LTC, but if any if the future candles fully go above the first Resistance Line ($45.42), I advise you to buy at the next candle. If the candles break through the first Resistance Line and can reach the next Resistance Line ($72.79), I suggest you sell it here. Lastly, if any of the future LTC candles make it fully past the second Resistance Line, I recommend that you re-purchase here. As long as you give extra attention to the direction of the LTC candles at $45.42 and $72.79, you will be able to make a better-informed decision.