BTC appears to be taking a hit, could see a bearish decline over the next 2 weeks.
Assuming above statement stands, I believe LTC will be following similar patterns of its previous two declines.
My target LTC price is $48-52, if bears are weak we may only see a dip to $58-61.
We may see a climb back up to 88-92 before a bigger decline down to 58-61 where small...
LTC has had steady growth, has high potential to retest all time high by end of year.
After climb may fall back into previous channel allowing for many trades along the way.
Key resistance lines marked on macd, RSI, fib levels.
Entered trade in NEOUSDT.
Went long at $33.3
Set stop at $31.75
%5 risk on potential returns of 10-20%
Targets at $40-42
This trade is highly dependent on BTC chart. BTC is resting on support trend line as is NEO.
If BTC breaks through NEO is likely to do the same and my stop will trigger.