Litecoin technical analysis - expect break out anytime

in #cryptocurrency • 8 years ago (edited)

LTC / USD

ltc_tech.png

We reached a point when something is going to happen, break out from the drawn channel may happen any time now. The short term environment around the general crypto is good this week so it's likely the lines will break out north.


short term support: 211 USD
short term resistance: 233.51 USD

Chart evaluation: Positive

My posts should not be construed as research or investment advice nor constitute a recommendation to buy, sell
or hold any assets, and the information may not be current

#litecoin
8 years ago in #cryptocurrency by
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     8 years ago 

    LTC is currently flying high. I hope this fork is not just another pump & dump.

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     8 years ago 

    LTC very close now to it's resistant level. If it manages to breakout then we may see new highs way over the current price. That's assuming the bulls do not pull back for a bit longer while.

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