EuroMotif

LTC.usd approaching key support and psych number 40, must hold

EuroMotif Mod Updated   
COINBASE:LTCUSD   Litecoin
LTC rejected exactly from the Resistance mapped in last analysis (click).
Price now approaching what should be good support and round number $40.
Below that is another strong support but bulls do not want to test that again.

See my previous plots of LTC below, under "Releated Ideas".
I also plot Forex and some stocks, see my TV Profile Page.

.
Comment:
Bulls hold "Key Support".

The important lower support held, and bounce has pierced first resistance zone Now approaching 2nd resistance that previously rejected strongly.

.
Comment:
Bounce still going.

That bounce from the "Key Support" has lifted Chikun above a key resistance now If this holds, I will project some targets, but need to see a pullback first to calibrate with.

.

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.