PierG

Just some basic resistance and support trendlines

COINBASE:LTCUSD   Litecoin / U.S. Dollar
In order to keep the uptrend from this point in time we must not break the red line (1), it therefore must act as a new solid support.
The uptrend that starts from 38$ looks very steep though.
We might get a chance for a cheaper buy at around 45, before we continue.
Nevertheless, now seems like a good window of opportunity to start buying in with some parts of your capital

Comments

We already dipped a hair below that line and support is looking thin right now. Need more volume to keep the uptrend going.
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PierG guppy_
@guppy_, Buy order-volume on GDAX is very high for 46$ and below, if we dip lower we might jump from this area and get our volume confirmation
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guppy_ PierG
@PierG, yeah I see a lot of support in the $46.xx range.
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