From the current chart, we see that the first potential target is to $250 , follows by $350 once breach.
Current price has a potential to retest the breakout at $130, so long as $130 is not broken, prices are to make higher high.
This is more of a recovery move for litecoin back to its high as downtrend has clearly broken.
With a potential projection of $700 as final price target if market favors.
Current price has a potential to retest the breakout at $130, so long as $130 is not broken, prices are to make higher high.
This is more of a recovery move for litecoin back to its high as downtrend has clearly broken.
With a potential projection of $700 as final price target if market favors.
Comment:
1st target price hit with taking profit target potentially happening in this zone
Trade closed: target reached:
$350