$LTC getting ready to giga send
With all the tail wind for litecoin (halving happened ca. 1 year ago, ETF News) and a chart that looks absolutely amazing I could see a nice rally into the next monthly resistance @ $270. When you look a the daily chart, the break out has already happened, if the price of litecoin stays above $123 at the end of this week we also will have the weekly break out confirmation. Same goes for the monthly, but I think that if we start moving it will happen swiftly, leaving many bulls sidelined.
Once we reach monthly resistance at $270 it will be interesting to check how ETF flows are behaving. If flows are steadily strong once could also keep the long and aim for a new ath, but thats a story for another day. Today we watch how price action behaves after the daily breakout and if we get that weekly break out as well.
Once we reach monthly resistance at $270 it will be interesting to check how ETF flows are behaving. If flows are steadily strong once could also keep the long and aim for a new ath, but thats a story for another day. Today we watch how price action behaves after the daily breakout and if we get that weekly break out as well.
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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.