YongTung

YongTung | LTC DAILY: Litecoin Will Definitely Go To Over $90!

Long
YongTung Updated   
BINANCE:LTCUSDT   Litecoin / TetherUS
Hello traders, today I want to talk to you about LTCUSDT.

I made a few conclusions about Litecoin.

Currently LTC just bounced from the support area $60.32-$61.29 (fibonacci 0.618-066 levels).

At the moment the price trades near to support line $60.9 level (orange line).

I expect that price can make small correction to support level and then bounce up and start to rise.

Then, I think price can break resistance line and go higher.

I set up my first target locate at the local high and resistance level $82.80 (blue line).

Also, I think price can break resistance level and continue move up.

Therefore I set up second target at $91.47 level (fibonacci 1.27 level).

This is my opinion, I really hope it will be useful for you.

This is an article not financial advice, always do your own research.

And please don't forget to support this idea with your like and comment, It means a lot to me, thanks.

Be prepared and save your money. Make big profits!

Happy trading!
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