kyer

Litecoin 4H Analysis - 1/7/20

Long
KRAKEN:LTCUSD   Litecoin
Just like Bitcoin, Ethereum, and XRP.. Litecoin's chart looks about the same. They all look like they're gearing up for some huge move.

Going into TA, Litecoin touched this 2-year confirmed uptrend twice, the second time doji candling, not even able or come close to closing below the trend.

Just like Ethereum's $140 resistance or XRP's $0.225 monthly resistance, Litecoin has one at $45 marked in red.

Litecoin will close above the $45 support and accumulate for a bit until it has another parabolic run-up to touch $53+

As always please do your own research, I am not a financial advisor.

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