Wineclaw

LTC short-term pullback likely

Wineclaw Uppdaterad   
COINBASE:LTCUSD   Litecoin
LTC looks to test the upper trend line that I have, so I expect it to move back towards 150 over the few days.

The overall trend is bullish, with $200 probably being the biggest obstacle ahead.

I do not have a lot confidence in my lower trend line as of yet. I think it needs to test it again first.
Kommentera:
LTCUSD has blown past the upper trend line in the last 24 hours. The further away we get away from those trend lines, the harsher the correction will be if consolidation doesn't occur.
Kommentera:
Pullback/consolidation is underway.
Trade stängt: målet nått:
LTC is back inside the trendlines
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