driftgene

All you need to know about LTC/BTC

Long
driftgene Updated   
POLONIEX:LTCBTC   Litecoin / Bitcoin
Litecoin bounce from strong support and continue grow from this level.

important levels for LTC is a strong old support (dashed magenta line) and old major resistance (dashed orange line).

This levels is first long term target.

In case of breakout and successful retest this levels Litecoin have a chance to hit new ATH.

Key benefits:
Weekly and Monthly MACD cross

Buy between 0,0042-0,0048

Short-term targets:
0,0055
0,0059
0,0067

Long-term targets:
0,0088
0,01
0,015

Comment:
But this doji candle on last week...
LTC may perform weekly double bottom
Comment:
Litecoin print double bottom on weekly timeframe, this is good buy signal.
LTC may outperform BTC with big gain in few month
all short and long-term targets still active
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