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kyer
Jan 10, 2021 1:23 AM

LTC $218 Next LONG Target Long

Litecoin / U. S. DollarKraken

Description

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Quick update from my previous Litecoin analysis, after it 1st touched the 2-year valley at $171.55 and rejected off it, LTC came back down and retested $145, which was the 2019 swing high level.

Now regained the $171.55 level and just wicked the 2nd TP placed @ $183

Going long if this 4-hour candle can close above $183, this sparks the bullish momentum again towards this TP level:

TP1 🎯 $218

$218 is a 2018 level created off of the swing high relief rally on the weekly timeframe after Litecoin hit its all time high
Comments
TheSignalyst
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Nothing seems to stop this one. Thank you always highlighting the zones in a clean way
kyer
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@TheSignalyst, Just a minor pullback
abel11
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nice chart! thanks for sharing!
kyer
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@abel11, Thank you abel
Zeke704
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rejection and lower high forming on hourly, watch 174 level for bounce
kyer
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@Zeke704, Am watching like a hawk
GratefulBreath
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Might be about to bust through just now...
kyer
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@GratefulBreath, A little pullback, still looking good
edmaxx76
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THANKS FOR THE NEW ALERT BIG DAWG!! YOU BE ON IT LOL.. LETS GET THIS BAG 💰💰
kyer
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@edmaxx76, Let's get this EASY LOOT 💰💰💰💰
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