Hello guys!
Today I'm looking at Litecoin. I'm hoping to see a solid push to the upside. As You know, ETH has done a great job on this bull cycle, breaking all the previous cycles highs and discovering new highs.
In my opinion, LTC is still quite undervalued relative to other top coins by market cap. Spike above ATH would be an healthy move.
At the moment We are on the edge of a previous resistance. I'm looking for a long position after finding support at the Area of value, as I recommend waiting for a clear confirmation of a continuation. We have a potential 20% profit on the table, which would be my first failsafe target.
T1 - 275/277 zone
T2 - 311/314 zone
I urge You to invest Your money wisely and do not get greey. Realize Your profits partly and have a solid exit plan for outcome B.
As We see BTC consolidating, having a descending triangle formation, I recommend keeping eye on BTC as large steep fluctuations make altcoins follow x3.
Have a nice day and successful trading! :)
Today I'm looking at Litecoin. I'm hoping to see a solid push to the upside. As You know, ETH has done a great job on this bull cycle, breaking all the previous cycles highs and discovering new highs.
In my opinion, LTC is still quite undervalued relative to other top coins by market cap. Spike above ATH would be an healthy move.
At the moment We are on the edge of a previous resistance. I'm looking for a long position after finding support at the Area of value, as I recommend waiting for a clear confirmation of a continuation. We have a potential 20% profit on the table, which would be my first failsafe target.
T1 - 275/277 zone
T2 - 311/314 zone
I urge You to invest Your money wisely and do not get greey. Realize Your profits partly and have a solid exit plan for outcome B.
As We see BTC consolidating, having a descending triangle formation, I recommend keeping eye on BTC as large steep fluctuations make altcoins follow x3.
Have a nice day and successful trading! :)