Litecoin has broken out of the upward channel (following btc) and is drifting back down to 200 day MA.
200 day moving average and Fib levels should provide good support levels. Look to purchase in the $68-$72 range if we see signs of reverersal. The first profit target being the all time high in the mid $90s.
Cheers and happy trading
200 day moving average and Fib levels should provide good support levels. Look to purchase in the $68-$72 range if we see signs of reverersal. The first profit target being the all time high in the mid $90s.
Cheers and happy trading
-machinelearnt