Ed-Holmes

LTC - The road so far.

Ed-Holmes Updated   
BITFINEX:LTCUSD   Litecoin
I still suspect we are in the early days of the next long term leg up in Primary wave 3. This should carry LTC to above the $100 mark - early estimate is $180 - but will have to see how things unfold.

For now I suspect we are in the middle of a rise that should carry LTC to aprox. $88. A firm break below $60 will void this outlook.

Comment:
$60 broken. Need to see a new push for the $70 high forming or the uptrend maybe in trouble. Would recommend caution for new long or short positions at this current juncture.
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.