Pattern repeats itself with LTC/USD with upswing cycles of ~50%. If it follows this pattern again, we can expect the next target price around 70$ which would be within the 0.618 and 0.786 Fib channel
For now LTC has meticulously followed the orange channel/support. Since we are at the bottom, I expect a nice move up. Moreover, it hasn't had a pump since the BTC fork.
MACD is bullish, RSI not to an overbought area.
Long term, LTC is a great crypto that should do great within the next months/years.
For now LTC has meticulously followed the orange channel/support. Since we are at the bottom, I expect a nice move up. Moreover, it hasn't had a pump since the BTC fork.
MACD is bullish, RSI not to an overbought area.
Long term, LTC is a great crypto that should do great within the next months/years.
Trade active:
Still active, LTC has enough steam to get to the 70$