COINBASE:LTCUSD   Litecoin / U.S. Dollar
In my previous Litecoin analysis, I said that the structure for this coin is very bullish and we can have a rise towards 100 important figure in the medium term.
Indeed, after a very short-lived spike under 60, LtcUsd has risen and broke above 65 resistance which was also the resistance of an ascending triangle .
Acceleration followed and a top around 80.
After this top a correction was normal and, the Pin Bar from yesterday exactly at the beginning of November's top could signal a new leg up.
I expect continuation and Ltc back above 80 would bring confirmation for this.
My target remains unchanged, towards 100.
Only a daily close under 65 would change my bullish outlook.


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