It would appear that LTC has made a temporary stop or topped and investors are not ready to buy in at this zone after much Fomoization. As of right now the volume is not credible and is bearish which is pointing to a juicy pullback and not in just an hours time frame. Are we having a Halving fomo rally? Yes. Will it continue ? Yes!
So what's next ? HODL or hope for a bottom? There will most certainly be a pullback before we hit the mid 150s -160s range. LTC was rejected around 144 with ease. When and how much will it drop? My TA is thinking sub 100s. Some are speculating SHORT 60s, which is just stupid and doesn't line up at all (some didn't do their math). Anyway you decide.
So what's next ? HODL or hope for a bottom? There will most certainly be a pullback before we hit the mid 150s -160s range. LTC was rejected around 144 with ease. When and how much will it drop? My TA is thinking sub 100s. Some are speculating SHORT 60s, which is just stupid and doesn't line up at all (some didn't do their math). Anyway you decide.