Hi traders,
Let's have a look at LTCUSDT chart on weekly timeframe.
The price remains above the upsloping support and it seems that there's a lot of support horizontally as well.
We expect the price to increase from where it's now or drop 10 % to retest the upsloping support line one more time. Overall, we expect the price to go much higher in the next months.
We have 3 targets which are shown on the chart. If the price drops lower, it may retest 40 $ or even 20 $ but it will be a great opportunity to load up on Litecoin for the long-term investment.
Let's have a look at LTCUSDT chart on weekly timeframe.
The price remains above the upsloping support and it seems that there's a lot of support horizontally as well.
We expect the price to increase from where it's now or drop 10 % to retest the upsloping support line one more time. Overall, we expect the price to go much higher in the next months.
We have 3 targets which are shown on the chart. If the price drops lower, it may retest 40 $ or even 20 $ but it will be a great opportunity to load up on Litecoin for the long-term investment.
Comment:
Target 1 reached . LTC looks good now.
Comment:
DCA strategy if it drops lower
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