LTC looks very bullish , LTC barely moved up in the last few weeks because BTC kept correcting. The main resistance of $ 170 was tested.
The trend line was broken but only because BTC corrected, I expect the price to be above the trend line again quickly. This is our focus, should LTC hold the breakout level on the 4h chart, we can expect a good trade (short trade)
However, I recommend keeping LTC longer because the past has shown that LTC is very sluggish but can increase massively during a bull run (50-100%)
More updates on this idea will follow.
Like always do your own research and let my know what you think about my idea. Let me know what you think about that idea.
Cheers CryptoFox
The trend line was broken but only because BTC corrected, I expect the price to be above the trend line again quickly. This is our focus, should LTC hold the breakout level on the 4h chart, we can expect a good trade (short trade)
However, I recommend keeping LTC longer because the past has shown that LTC is very sluggish but can increase massively during a bull run (50-100%)
More updates on this idea will follow.
Like always do your own research and let my know what you think about my idea. Let me know what you think about that idea.
Cheers CryptoFox