stewdamus

Litecoin - Know your levels

Lång
COINBASE:LTCUSD   Litecoin
$51.21
$46.65
$46.01-.21
$44.71
$41.50
$37.30

I don't anticipate too much more downside for Litecoin (LTCUSD) before we head back up, but if we do head lower, we'll go all the way down to $41.50. Below that $37.30. If per chance, we somehow find ourselves down in these areas, we will find further support from our 50 MA, the Lower Bollinger, and the bottom of our channel (lower green trendline) which should be intersecting with our flat line supports in the next two weeks.

I do not think we'll get this low and I'm 90% certain Litecoin will not break out of/lower than our green channel.

I'm swinging this to an upside target of at least $60, maybe more, depending on price/time/pattern points at that time.

Happy trading folks!

Stewdamus Trades -

Prophesying the price action of markets one chart at a time.

Crypto predictions, targets, how-tos, and much, much more!

Never miss a prophecy. Sign up for my free newsletter at:

stewdam.us
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.