LTC has recently bounced off the $42 support, which held as support right before the massive bull-run started. In other words, LTC has given away all her gains since then.
However, with BTC coming right out of capitulation this might be the time to start looking for short-term long-entries.
We've been selling hard for weeks now; we're due some kind of relief rally I'd think. In that case, I'd be looking for $70 to $90 targets for LTC, assuming that we've bottomed for now.
Be aware that if we get a bullish move this will most likely be a dead cat bounce.
However, with BTC coming right out of capitulation this might be the time to start looking for short-term long-entries.
We've been selling hard for weeks now; we're due some kind of relief rally I'd think. In that case, I'd be looking for $70 to $90 targets for LTC, assuming that we've bottomed for now.
Be aware that if we get a bullish move this will most likely be a dead cat bounce.
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.