TradingView
Mihai_Iacob
May 31, 2023 3:59 AM

Litecoin- Rise to 133? (50% gain) Long

Litecoin / United States DollarCoinbase

Description

Of the 3 coins analyzed today, Litecoin I like best.
As we can see from the daily posted chart, after the top above 100, the break under the rising wedge's support, and the drop in support, LtcUsd has started to rise again.
This rise is very constructive and we have had higher lows since March with the last low being a Pin Bar.
Resistance is now the zone between 93 and 95 and a break here could lead to a rise well above 100 to the next important resistance at 133.
Comments
ArmanShabanTrading
a job well done.
geekpe
based on that btc pump to 35-36kusd in some days...
not real for me....in 80usd range ltc is overhyped
similar to xrp on 0.50 range ....
LegionQ8
that would be great entry point, thanks
pejman_zwin
Hooray. Another correct signal.📡
WalterMoon
Your charts the best !
More