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Crypto_Jungle
Apr 3, 2018 11:41 PM

Litecoin future direction! 

Litecoin / DollarBitfinex

Description

Hello traders!

If my dynamic S&R area of EMAs is not broken in the future then I think bearish trend of LTC is not over yet..we could probably see correction up to 150 USD for LTC and then continuation of a bearish trend.

What are your thoughts about LTC future direction?

Like if you agree with my analysis and dont forget to follow me for more charts! :)

Invest smart!
Crypto Jungle

IG: crypto_jungle
Comments
mhfcrypto
I missed this short-term move from $120 to $133... now I'm not sure whether to jump in long and ride to circa $150 or wait for a pullback first....? What's your opinion on this? Thanks!
Crypto_Jungle
@mhfcrypto, i think you should be patient and wait to see price action around 150 USD..i think it would be just retest of trend line breakout and it will fall again and you could get even better entry point..but you never know it will go..we will see :)
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