LTC has reached our BUY ZONE created on Jan 11th, reflected in the chart. Price bounced off 125 which also lines up with a trendline based on the Dec 11th and Jan 11th lows. We expect to see steady buying pressure throughout the remainder of January.
We entered our trade at 127 and have our STOP LOSS set just below 125.
We entered our trade at 127 and have our STOP LOSS set just below 125.
Comment:
Playing out nicely. Retested trendline at 129 to form a higher low. Ready to push 157.
Comment:
Litcoin found support above 120 (50 ma), and price pushed above 145. A small pullback to 137 (20 ma) is expected but as long as price stays above 137 things are looking very bullish.
Target 1 - 160
Target 2 - 180
Target 3 - 235
Target 1 - 160
Target 2 - 180
Target 3 - 235