LTC/USD Next Big Long?!
Hello Traders,
In this analysis, we want to take a look at the 1-hour chart of LTC/USD (Bittrex)
Currently, LTC/USD is in a range between 44.072 and 57.220. But the difference here is that it took the last A high at 57.220 which is suggesting more upside in mid-term. Ideally, it goes to the yellow box where it should end the ab correction, for the next move to the upside. Initial target will be 67.853.
We will readjust the forecast when it breaks the low of black B at 44.072. Otherwise, Litecoin should be supported.
Hope that helps
Cheers
In this analysis, we want to take a look at the 1-hour chart of LTC/USD (Bittrex)
Currently, LTC/USD is in a range between 44.072 and 57.220. But the difference here is that it took the last A high at 57.220 which is suggesting more upside in mid-term. Ideally, it goes to the yellow box where it should end the ab correction, for the next move to the upside. Initial target will be 67.853.
We will readjust the forecast when it breaks the low of black B at 44.072. Otherwise, Litecoin should be supported.
Hope that helps
Cheers
Operación activa
Nota
Doing pretty well Operación cerrada: objetivo alcanzado
Target reached, very good profit over there!
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.