Daily LTC outlook - 22/12/2017

in #litecoin7 years ago

Yesterday I was at a xmas Party - so I couldn't write any outlook.

Litecoin LTC_USD.png
hourly

Litecoin LTC_USD(1).png
!daily

My outlook from two days ago was quiet good and indeed it fell nearly 15% since then.
Today the daily candle looks pretty neutral. So it's hard to make any guess. The hourly chart looks still bearish. So far it made a bearish channel. Even if I personally think that this channel wont keep for long. So my idea it is that it goes to ~325 again. There the possibilities of another downturn should be very high. If it can go above 330 the road to 360 and above should be clear.

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