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rhaslag

LTC Monthly Setting Up For Possible Downtrend Break Test

Long
Litecoin (COINBASE:LTCUSD)  
rhaslag Aggiornato   
COINBASE:LTCUSD   Litecoin
Chart Patterns Technical Indicators
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chartpattern indicator
LTC showing continually higher lows on the monthly with key levels in play for the coming months. With a retest of 75-80 possible (albeit heavy resistance) a move to $130 could be on the table with $240 as the next key level after. MACD setup looks ready to cross in the coming months. RSI beginning to trend upward showing possible momentum beginning.
Commento:
Sustained price action at or above 80 should continue to confirm the breakout. $100 most likely a psychological level that will cause some further resistance.
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