We have been long from $55. LTC has had this broken wedge probably for the longest period of time. We have carved a bottom out at this $50 area.
MACD has crossed to the upside and is looking to build momentum. Once we break above this $70 zone, we will be moving much higher.
If we use Fib's for our targts, the first target would be in the 175 zone. We'll gauge once we break 175 to see how fast and high we go up.
Happy hodling,
-Sherem
MACD has crossed to the upside and is looking to build momentum. Once we break above this $70 zone, we will be moving much higher.
If we use Fib's for our targts, the first target would be in the 175 zone. We'll gauge once we break 175 to see how fast and high we go up.
Happy hodling,
-Sherem
Comment:
previous analysis where we started going long at 55-
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Comment:
LTC is not getting as big of a move, needs to get to 60 and crack it before a big move happens