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WiseAnalyze
19. Jul. 2019 10:04

LTC day chart review Long

Litecoin / BitcoinBinance

Beschreibung

One of the most promissing alts, among all the shitcoin parade, that has nice fundamentals for growth. Only 16 days left till halving. Lets take a look at day chart.

Price already bounced from month support at ~9140 and now trying to breakout day SR and then week resistance at ~9666. Resistance at 10000 already rejected price once, so we may assume next target will be 10500. At 1H chart bullflag is nearly ready.

If LTC fails to breakout bullflag now, it will drop to 8800 week support. Unlikely scenario, but have a buy order there as well, as it will be a fast spike down and up again.

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Bullandbeartrading
Powerful analysis my friend.
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