Hi traders,
Let's have a look at LTCUSDT chart on weekly timeframe.
The price remains above the upsloping support and it seems that there's a lot of support horizontally as well.
We expect the price to increase from where it's now or drop 10 % to retest the upsloping support line one more time. Overall, we expect the price to go much higher in the next months.
We have 3 targets which are shown on the chart. If the price drops lower, it may retest 40 $ or even 20 $ but it will be a great opportunity to load up on Litecoin for the long-term investment.
Let's have a look at LTCUSDT chart on weekly timeframe.
The price remains above the upsloping support and it seems that there's a lot of support horizontally as well.
We expect the price to increase from where it's now or drop 10 % to retest the upsloping support line one more time. Overall, we expect the price to go much higher in the next months.
We have 3 targets which are shown on the chart. If the price drops lower, it may retest 40 $ or even 20 $ but it will be a great opportunity to load up on Litecoin for the long-term investment.
Note
Target 1 reached . LTC looks good now.Note
DCA strategy if it drops lower
💥 Free signals and ideas ➡ t.me/vfinvestment
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.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.