LTC/USD update
LTC sits just below a trigger level to the upside @ $47.54. If LTC manages to close above it on the daily basis it will attempt to overcome 89 DWMA (brown) which currently sits @ $54. A daily close above it will imply continuation to a minimum of $64. Otherwise another test of 34 weeks WMA (currently @ $40) is imminent.
https://www.mql5.com/en/charts/7654928/ltcusd-d1-fxopen-investments-inc
thank you, its a bright future for now..
It always can go two ways..
There's no clear-cut direction at this point of time.
Hey, srezz thanks for your input .If LTC manages to have a few days where it ends above 47.54 would that be a good sign for buyers.
A daily close above $59 will clear the way up. Before it happens the situation is quite dubious.