LTC - Potential Short Term 6.6%
Hi guys,
LTC is looking good in a number of ways.
- Daily down-trend (green line) was broken
- Higher Lows were created which enforces the down-trend breakage and indicated the potential beginning of an uptrend
- 4 Hour resistance was broken (has now become support)
- As per above, price has been respecting the resistance after it broke which indicates we could go for a run up to the next resistance.
BTCUSDT has been involved in some crazy action recently so keep in mind that any sudden moves it makes could affect all ALTS.
Take care and see you next time!
PT
LTC is looking good in a number of ways.- Daily down-trend (green line) was broken
- Higher Lows were created which enforces the down-trend breakage and indicated the potential beginning of an uptrend
- 4 Hour resistance was broken (has now become support)
- As per above, price has been respecting the resistance after it broke which indicates we could go for a run up to the next resistance.
BTCUSDT has been involved in some crazy action recently so keep in mind that any sudden moves it makes could affect all ALTS.Take care and see you next time!
PT
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