BillCharison

$LTC, Still Not Late for BUYING!

BINANCE:LTCBTC   Litecoin / Bitcoin
First of all, let's take a look at supports and resistances. $LTC has a strong ascending support and horizontal resistance, both were mentioned on the chart. Support is much stronger than the resistance which is a good first step for a nice growth. Next. Oscillators are oversold, which increases $LTC chances of breaking the resistance, but not the support (logically). Moreover, after breaking through the resistance, there will be enough place for going higher.

Moreover, (as we all know, but still), Litecoin has increased its value in 500% from the last bottom because of the Halving in August 2019. Usually, during halving, POW coins are pumping and by coins I mean not only $BTC, but $LTC as well. Advise you to buy this asset at strong supports and #HODL. By the way, it doesn't exclude an opportunity to earn some short-term profits.

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Well according to Blockonomi, they seem to think the opposite- here's their latest article title , just released this hour.


"Litecoin Price Analysis: Price Hits Targets, Downside Now Expected"
+1 Reply
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