Litecoin is now in safe territory and is a good buy.
As seen in the chart, the downward trend has broken and is now above the 50 & 100 day SMA, the 0.6 retracement.
It appears that it will continue to go up until it encounters resistance at the $280 mark.
It appears tomorrow that there will be a reverse?? death cross between the 50 and 100 day SMA. Might mean a boost to value.
As seen in the chart, the downward trend has broken and is now above the 50 & 100 day SMA, the 0.6 retracement.
It appears that it will continue to go up until it encounters resistance at the $280 mark.
It appears tomorrow that there will be a reverse?? death cross between the 50 and 100 day SMA. Might mean a boost to value.
Comment:
It looks like we are in a period of consolidation with $210 acting as support.
