LTC has had a fantastic run from $60, bounced on the parabola and now we are at $80. In some ways the LTC rally anticipated the BTC run to ATH.
Now we are at resistance, however the momentum of LTC/BTC is very bullish and we can expect at any moment for BTC to test/pass ATH and LTC to test $100 which is an important psychological level.
Bias is very bullish, therefore aim to either buy at local support/parabola around $76 or the retest of resistance at $86 if we pass it. An easy 15% profit is possible if this plays out or more.
Now we are at resistance, however the momentum of LTC/BTC is very bullish and we can expect at any moment for BTC to test/pass ATH and LTC to test $100 which is an important psychological level.
Bias is very bullish, therefore aim to either buy at local support/parabola around $76 or the retest of resistance at $86 if we pass it. An easy 15% profit is possible if this plays out or more.
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