Litecoin (LTC) analysis

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Avatar for aymankhalil
3 years ago

The Litecoin Cryptocurrency (LTC)is trading now in an uptrend Direction

(LTC) is trading now at $ 176.10

The (LTC) digital coin still has a great opportunity to continue the uptrend direction to reach higher prices as we depend on charts indicators & dedications, there is a good volume movement have been happening since 5/11/2020 and still continuing, which shows the concern of buyers & traders to hit the target of areas above $ 500.00, & this will be the first step only.

 At all, let's go step by step to see the ability of the correction movement that should happen to set new support areas in order to get a higher relevant range.

 Otherwise, we have a good control volume area around $ 153.50, so we need to trade wisely and keep an eye on the support area carefully, as we target a higher range at the area of $ 181.92 then fly above $200.00.

 

AS Shown

The Chart Below

Prediction:

Target: $181.92 then fly above $200.00

The digital currency (LTC), if breaking $ 150.00 areas, may target $ 139.00 levels.

 

Support & Resistance:

Support: $ 150.00 - $ 139.00 - $ 122.00

Resistance: $ 181.92 - hit the target of $200.00

 

Important:

The result depends on our personal Vision which could be right or wrong

 We analyze the past to predict the future.

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Avatar for aymankhalil
3 years ago

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