justsomeguy
Long

LTC: Short term channel forming

COINBASE:LTCUSD   Litecoin / Dollar
Take this TA with a pinch of salt -- trying to extrapolate off of a 24 hr             period is a bit silly, even before we factor the 2x stuff into it. I usually look for more long term trades, but found this interesting so figured I'd share it.

With those caveats out of the way, we seem to be in a nice upward channel in the past 24 hours.

Next resistance point is around $65.50, give or take 50 cents. After that there's not a ton of historical data to go off of -- the next point I see after that is all the way up at $74.

I'm not ready to call moon quite yet, especially with all the chaos flying around atm. But it's starting to look exciting.
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