LTCUSD

LTCUSD started a very good bullish run in the past 14 days. If you look at the daily chart you see that the price reached resistance at 140.00 and was rejected. We can see the yellow zones, which acted as resistance in recent days, but today LTCUSD rushed through them without any problems. They will now act as a support at 170.00 level. The whole market seems to be bullish and I think that it shows the real strength of bulls. Based on past days market signals, I think we should expect for further upward movement to 210.00 level resistance in next days. And to higher values in next weeks.

Remember always tend to buy on supports and sell at resistances!

Please share your thoughts or tap like button if you like my idea!

Trade active:

Litecoin retraced to a very attractive buy-in point. Opening trade.

Trade active:

Adding to long position.

Trade active:

Adding to long term position.