LTC is right now looking so strong...
Basically :
1 - Just broke out of a falling wedge that tells us that it should now take more than $190 from the breaking point
2 - Big Hidden Bullish Divergence that tells us that LTC is going to the $270 (from 158 to 214 = $56 to add to $214) => $270
3 - $270 is a big higher high in our new bullish trend that corresponds to a older high that wasn't tested since January 12 when we were bear.
If we do pass the $270 wall, we can expect to make a big jump up.
I would be careful though and expect that we won't pass it. So what I advice is to place a sell in that zone so if it bumps against it and not pass it, then big profits will be done.
We should expect it not to pass it the first time it tests it.
Basically :
1 - Just broke out of a falling wedge that tells us that it should now take more than $190 from the breaking point
2 - Big Hidden Bullish Divergence that tells us that LTC is going to the $270 (from 158 to 214 = $56 to add to $214) => $270
3 - $270 is a big higher high in our new bullish trend that corresponds to a older high that wasn't tested since January 12 when we were bear.
If we do pass the $270 wall, we can expect to make a big jump up.
I would be careful though and expect that we won't pass it. So what I advice is to place a sell in that zone so if it bumps against it and not pass it, then big profits will be done.
We should expect it not to pass it the first time it tests it.