CoinsightGhost

Litecoin (LTC) - potential cup and handle forming???

COINBASE:LTCBTC   Litecoin / Bitcoin
Litecoin in a potential important area. Would be bullish if it can break above and hold the .013 level. Next resistance above should be around .014 and larger resistance around .0155. But I expect .013 should provide some pretty solid resistance, so I would be very cautious of a pull back to the .011 level which is first support. Below that next support is around .01 . It does look like there could be a cup and handle forming as well, so definitely this is worth watching. Chart is bullish above .013 and bearish below it.
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