LTC has been accumulating for a couple of days in the price range of 225-245. Now it broke the resistance levels 245-250 which are now the support levels.
Now we have a new resistance levels in the current price ranges which was the previous consolidating price range.
Targets are 345-370. for now there might be a consolidation in the price ranges between 270-290.
Market Sentiment: As the prices of BTC and LTC have been on a downtrend for a long time, now its the time for these coins to take off.
Good Luck,
PS: As I have been following and and analyzing the Crypto Markets for a long time, I am presenting my idea. Please do your own research while investing, it is just my idea about the trends and do not take it as a investment advice.
Now we have a new resistance levels in the current price ranges which was the previous consolidating price range.
Targets are 345-370. for now there might be a consolidation in the price ranges between 270-290.
Market Sentiment: As the prices of BTC and LTC have been on a downtrend for a long time, now its the time for these coins to take off.
Good Luck,
PS: As I have been following and and analyzing the Crypto Markets for a long time, I am presenting my idea. Please do your own research while investing, it is just my idea about the trends and do not take it as a investment advice.
Comment:
Touched support line :) Trade still Active
Trade closed: stop reached