We are due for a correction after double topping our 100 levels for LTC. This is normal and healthy as we will follow our fibonacci retracement. Further look will be assessed as the coin dumps.
Entry: 74
Stop Loss: 62
Target Profit: 125-130
As always,
Happy Trading!
Litecoin is looking bullish to reach past $60 mark again when the market spiked ($62) after the crash to $36 with the closure of the Chinese exchanges. Bitcoin is stabilizing above $4000 USD with the upcoming friendly fork of Bitcoin Gold -0.30% so Litecoin is looking to hold above $50. Look to swing trade between $52 and $56. First wave of Chinese exchanges are...