LTC NEEDS TO MAKE A MOVE
The daily chart shows a falling wedge finding support along the long term trendline. I'd say bullish but the $100 resistance will force LTC to make a big move around June.
Invalidated if the wedge fails, which will ultimately cause a break in the long term trend. Confirmed short term at a close around $77. Daily RSI could favor a sustained upward price action.
I've been seeing a lot of calls for $40-60 price, which is possible if this setup fails.
Not financial advice.
Invalidated if the wedge fails, which will ultimately cause a break in the long term trend. Confirmed short term at a close around $77. Daily RSI could favor a sustained upward price action.
I've been seeing a lot of calls for $40-60 price, which is possible if this setup fails.
Not financial advice.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.