Litecoin - Bullish/Bearish Scenarios

17 ต.ค. 2018

Litecoin couldn't hold above the 60 resistance and currently is around 52. We are watching a bollinger band squeeze for some time now, and stochastic is pointing upwards, so if a break above 60 resistance occurs, we will follow a bullish scenario targeting 69.50. On the otherhand, if we see a break below strong 47 support, we will follow a bearish scenario, targeting 33.50, the long term support level.