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How's it going everyone back with another analysis!
Seeing a semi falling wedge on the daily time frame for LTCBTC that we are
pushing towards either testing or breaking out of i personally believe with the
litecoin HALVING approaching the likely hood of this breaking out of the downtrend
resistance is very high as i would expect following a break above .017 range we
will attempt to test local highs from previous high at .018 which i imagine we will
see a retrace on a S/R flip at the .017 level. I am currently in a long position right
now and will close when we reach at least .02 i will do a follow up analysis for litecoin
when we break above .017!
Thanks, LiquidMEX
DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
How's it going everyone back with another analysis!
Seeing a semi falling wedge on the daily time frame for LTCBTC that we are
pushing towards either testing or breaking out of i personally believe with the
litecoin HALVING approaching the likely hood of this breaking out of the downtrend
resistance is very high as i would expect following a break above .017 range we
will attempt to test local highs from previous high at .018 which i imagine we will
see a retrace on a S/R flip at the .017 level. I am currently in a long position right
now and will close when we reach at least .02 i will do a follow up analysis for litecoin
when we break above .017!
Thanks, LiquidMEX
DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
