ScottMelker

Litecoin (LTC) Breakout And Retest - Heading to $166?

BITFINEX:LTCUSD   Litecoin
For those of you who have been around a while, the last trade was ~$130 to ~$300, slamming right into a huge supply zone and macro resistance.

Not greedy this time, looking for ~$124 to ~$166, the next level resistance.

Then maybe higher if this bull season is real.

As you can see, we now have a clean breakout through descending blue resistance and retest as support. Simple.

scott.melker@texaswestcapital.com
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.