Litecoin had a nice rally from 1st Jan this year (37%) and all signs told us that we will see more.
After the last rise from yesterday, there was a retracement to fibonacci level 23.6 ($38), and from there are two ways, another drop to the support line and a bounce or a rise to the resistance line and resistance level.
Anyway, any breakout will give us a better picture.
So...$50 is near?
Cheers!
zekis
After the last rise from yesterday, there was a retracement to fibonacci level 23.6 ($38), and from there are two ways, another drop to the support line and a bounce or a rise to the resistance line and resistance level.
Anyway, any breakout will give us a better picture.
So...$50 is near?
Cheers!
zekis
Note
For the moment it stays on the support line and inside the resistance zoneNote
Here we go...Trade closed: stop reached
Nope, it can't...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.