nagihatoum

LTC not out of the woods yet

Short
nagihatoum Updated   
BINANCE:LTCUSDT   Litecoin / TetherUS
Price is going back down if price follows the fractal of the 2019 low. You can see there was a pump then dump to previous levels back then.

A retest of the former resistance trendline in purple is in play. Then it will pump up to $101.

but there is always the possibility of no retracement.
Comment:
LTC broke down from rising wedge.
Comment:
took the first path up.
Comment:
Target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.