ðĨ Litecoin In A Huge Horizontal Channel
LTC performed good last cycle. Sadly, not this cycle. However, that doesn't mean that we can still scout decent entries for it in the long-term.
When looking at the LTC chart, we can clearly see that it's trading between two key areas (purple). With LTC already being an underperforming token, I'd only get interested once the price is in the bottom support area.
Till then, be patient for LTC to reach the designated area. Target for the next bull-cycle is the top resistance area.
When looking at the LTC chart, we can clearly see that it's trading between two key areas (purple). With LTC already being an underperforming token, I'd only get interested once the price is in the bottom support area.
Till then, be patient for LTC to reach the designated area. Target for the next bull-cycle is the top resistance area.
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