Here's a little info on the reasons for investing and the types of people in investing crypto currently.
Crypto was first introduced in the year 2009, in the wake of the global financial crisis, as a way for people to control their own money rather than the banks and the government. So, this is the first perception, humans want to feel in control, they desire...
Litecoin broke down through a key support zone, and is looking like it wants to go back up because we see continuous bullish pressure.
If we have a successful break, we may see it move back up to a healthy uptrend.
This is the trajectory I believe this run will take. I’ll take 20% at each price target and hold the rest.
This is not financial advice nor am I a financial advisor, I’m just a money hungry hippo looking for the best trades.
Litecoin dipped to our level at $291, but appears to be preparing to make a run for higher levels. We have an inverse head and shoulders with a neckline just above our level at $322. This suggests we may see a breakout soon. If so, we will need to contend with resistance at $340, then again at $375, which was once a former all time high. If this does not come...
COINBASE:LTCUSD Entry for a long and confident retest of ATH near 420$
Personally I am hodling through the retest as we could blow past 420 easily and into the 450 zone with or without support.
But a SAFER alternative would be some profit taking at 410$ as another rejection is just as likely shorter term
allowing additional time for accumulation. Either way I see...
As we can see price now touched strong support zone on chart that is Fibonacci last support level and 200 Moving average and pressure of buy positions will lead market to reach once again resistance zones that marked on chart .
We are looking for second target if and if we had breakout and our updates on bitcoin shows strength.