In the previous idea, we wrote about the open interest in this coin. Today these words are only confirmed by the chart. We have noticed the accumulation of long positions and believe that it will be realized in the near future.
Sellers were not only prevented from breaking the critical point $44.5. Their strength was not even enough to touch this mark. LTC price continues to move in the local channel from 21 September.
The level $51.49 could hold back buyers and give sellers a chance to counterattack. However, considering how this coin is kept, the maximum where the price will be allowed to fall is the range $43.6-45.35.
In this range, we would gladly buy LTC with a target $61.
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