abdullatrader

Litecoin Outlook

BITSTAMP:LTCUSD   Litecoin
Hello traders,
As you can see Litecoin is trying to hold above its support levels at around $53.5. We still need a commitment from LTC to at least make us a higher high.
Target $70 is still valid, however, I'm neutral on this coin until it gives me more information. Happy trading! - Abdulla
Comment:
$53.5 still acting as the support - lets hope we see a breakout of the current structure.
Comment:
BAM ! Breakout of the structure - Target $70 as mentioned above
Comment:
First target reached - $60. We should see $70 soon.

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