LTCUSD: 1W Possible 2020 trajectory

As above.

LTC looks like a bear market through summer.
Barring any other crazy 2020 events such as aliens landing (not again with those probes please!) or solar flare, then probably some sort of flipping bullish sometime in fall but I really do not expect any ATH (one and done!) given LTC lack luster performance since 2019.

I can see LTC hitting the $38 range next then the 1W lower BB in mid to low $20's again.

If price action plunges below that level $20, I would find it hard for LTCUSD to recover and be relevant as a crytpo currency thereafter. You can blame Charlie Lee but then you still can probably can play poker or watch cartoons with him forever afterward if that is any consolation.

Good luck traders!
Beyond Technical AnalysisTrend Analysis

Declinazione di responsabilità