Hi Community,
Will Litecoin (LTC) go up or down?
Price has been bouncing within a range for about a month now. It seems to have reached the end of the triangle and it's touching its upper resistance.
If LTC will brake this resistance and retest it, it should then move straight up to at least 185$.
If not, the apparent head & shoulder formation, if confirmed, might lead the price down to 140$ or further to 123$ where it would find buyers before going back up.
What do you think?
Still learning here, so any constructive feedback and positive vibes are welcome.
Thank you and Happy trading!
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Needless to say, this is not financial advice!
Will Litecoin (LTC) go up or down?
Price has been bouncing within a range for about a month now. It seems to have reached the end of the triangle and it's touching its upper resistance.
If LTC will brake this resistance and retest it, it should then move straight up to at least 185$.
If not, the apparent head & shoulder formation, if confirmed, might lead the price down to 140$ or further to 123$ where it would find buyers before going back up.
What do you think?
Still learning here, so any constructive feedback and positive vibes are welcome.
Thank you and Happy trading!
------------------------------------------------------
Needless to say, this is not financial advice!
