Bludwood

LTC/USD - Bullish Move to 280

Long
Bludwood Updated   
COINBASE:LTCUSD   Litecoin
Update from prior idea published. LTC continues to work through resistance, and has passed another down-trending line. It will face significant resistance in the 275-280 range, depending upon when it reaches that level (within a few days likely).

From the 275-280 level, LTC faces a significant line of resistance trending down from the peak last month. It could see a tracing back from this level back to key support in the 220-240 levels... Ultimately, a move to 1k may come this year after consolidation is complete.
Comment:
Looks like we're getting the pop now. Watch the 275 level.
Comment:
Depending on the exchange you are looking at, we are between 275 - 285... Target hit.
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