Lorenz_Capital

LTC/USD ~ July Forecast ~ Good For A Year End Rally?

Long
Lorenz_Capital Updated   
BITFINEX:LTCUSD   Litecoin
Hi Traders,

I still see LTC in good shape here, as the 23.6 fib warrants a good re-test after a solid pull back off the 38.2.

The $100 psychology level is also deserves to be tested for support, along with the weekly moving averages/ trend line.

I see this as another great opportunity to buy the dip!

- Buy range - $90 to $110

- Take Profit # 1 - $200

- Estimated trade duration: 6-9 months

Love how this chart is shaping up.

good luck, hit thumbs up!
Comment:

Market Cap - Technical Analysis

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