ridethepig

ridethepig | LTC Market Commentary 2020.01.31

Long
COINBASE:LTCUSD   Litecoin / U.S. Dollar
LTC clearly outperforming and taking the spotlight with the cross briefly trading above $70. A serious early contender for "Trade of the Year" after we rallied +70% from the lows.


In any case, I am happy with the first targets at 64. xx , but ahead of the weekend, I would be surprised to see much further downside. On the day, support will be found at 62.5x with resistance at 70.0x.

The correctness of my evaluation is validated by the course of BTC in the moves. For those wanting to track the flows:


Good luck all those buying dips in LTC and BTC . As usual thanks for keeping your support coming with likes, comments, and etc!
Comment: All eyes on the NY open here

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out