LTC Monthly Setting Up For Possible Downtrend Break Test

LTC showing continually higher lows on the monthly with key levels in play for the coming months. With a retest of 75-80 possible (albeit heavy resistance) a move to $130 could be on the table with $240 as the next key level after. MACD setup looks ready to cross in the coming months. RSI beginning to trend upward showing possible momentum beginning.

Kommentar:

Sustained price action at or above 80 should continue to confirm the breakout. $100 most likely a psychological level that will cause some further resistance.