Trading pair LTC/BTC. The movement in April / May.

Hello, gentlemen..

Litecoin is very promising this year. Everyone is waiting for its growth, so in our reviews we have to consider it.

"All-in", timeframe is 1 day.

The growth of the asset price in the near future will limit the main resistance line 1. The main support is line 2.

The exchange chart of the LTC token shows us that in the near future the price will be inside the figure limited by lines 1 and 2. Apparently, we should expect the price to fall to the level of*** 0.015 BTC***. After that, the price will start to grow along the support line 2, with a likely jump to the line 1 (level 0.02 BTC)

I do not think that the resistance line 1, the price of bitcoin will break the first time. So after the jump, the LTC price will drop slightly down along line 1.

We must remember that in connection with the upcoming holding, the price of LTC is sure to grow

Good luck!

The @upvoteinvest team

A formal disclaimer
Some of the posts might contain our opinion on trading strategies based on our technical and fundamental knowledge. However, please, invest at your own risk. We can’t be held responsible for any losses.

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