- Same jumping pattern since the bottom. - A jump is ~25 days in length. We are ~10 days into last jump. - Before breaking $100, higher possibility of visiting $70 area. - 55 day EMA acts like a jumping point. Last jump might dip its head a bit lower. - Traders are flocking into not-yet-popped coins. Less attention, less energy.
Comment
⋅
I still think LTC is highly likely to test support at $68-70. 6H MA has been acting as a resistance for a while.
Comment
⋅
That $70 test got bought up relatively quickly, yet I think it will re-test $70.
Comment
⋅
So $70 seems to be holding. I'm longing around $73 with SL $68 targeting $85.