kyer

$LTC Long Target

Long
KRAKEN:LTCUSD   Litecoin
Litecoin hit both TP levels at $48.58 & $50.67, now its fighting to close over the $50 level to go even higher.

Minor pullback from the $50 level as expected and I can picture a minor correction to $48 before pushing even higher to $56.

🎯 TP $56

$56.33 is a monthly resistance level and from there we should see a decent pullback.

I think its safe to say that the bottom was definitely $41.77, take a look at the quick retest on the 21st


Related Ideas

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.