Litecoin has met resistance at $292, our price target. It has dipped slightly since, but not to the extent of the other cryptos, surprisingly. We are roughly in the middle of a vacuum zone down to $251. This level will surely provide support, though it looks like we are finding support at current levels, which seem to be somewhat of a point of control from April 14th. If we can see more bull momentum and can solidly break $292, our next target is $322.
Trade closed: target reached
SECOND PT SMASHED!!! Just sitting here drinking beer watching the profits roll...
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Join my discord at discord.io/quantguy
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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.