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ScottMelker
Apr 4, 2022 10:07 AM

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

Litecoin / DollarBitfinex

Description

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.
Comments
imarckoff
Guess it will touch black again, before moving to ~145 level
bitchris
Too optimistic Scott :)
asadayazy
Good
TheKitchenTrader
Nice
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