LTC all support holds well, now let's pull up towards $60.

LTC all support holds well during this time, I believe we are still in the uptrend, and as the Stoch RSI arrived over sold zone with all supports well, I think it's time for LTC to pull up.

And in next few days BTC will start the segwit2x from July 21, after a research I think it will pass, but still we need to keep an eye on it, safety is always priority.

Good luck.

Detial:

הערה

Not very good for the first rebounce, so be careful, and here is two support if the lower track break.

הערה

I think LTC will touch the MA30 and the purple upper track first.

הערה

3 Supports in the red circle and also Stoch RSI reach over sold zone on 1day, a re bounce is very possible.

הערה

I think LTC will bounce to 78.6% Fib with the strong support 255YUAN which is base on 50% Fib, MA60 and a support level.
But that would creat the right shoulder, so, let's see.

הערה

300YUAN will be a very strong resistance this time, MA30,90,144 all mixed there, also a former support level,even I believe the re bounce is not finished, but I don't think LTC can break through this area at this time, otherwise it will be really strong for what coming next.

הערה

One more leg, and if the lower track holds, we will have one more chance for long.

הערה

Around 310YUAN, we have MA60, MA90, MA144 of 6H mix together, it's really not easy for LTC to go through it, so, we need to watch the rate of LTC/BTC

הערה

So far so good, now we are facing the last resistance, 78.6%Fib and the big lower track, just like the chart one week ago

הערה

Detial

הערה

One more try.

הערה

Left shoulder formed, 255yuan will be tested again.

bamboodian

פרסומים קשורים

LTC, will it be a storm?

מאת ‎bamboodian‎

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.