Litecoin Latest Update Short-term Analysis

2017年10月25日

Now that all the hype of the BTC Gold is over, and the sudden shift from BTC to Litecoin is settled, I improved my previous analysis with the latest trend-lines and support and resistance levels.
I am personally expecting a bounce up from around 53$ up to $57 then health retrace to $55-56 then up as shown on the graph.(Just my personal take on the analysis)
These are my interpretations of all of these analysis combined. I am in for some gains. Will update if I notice any change in the trends

2017年10月25日

注释

Zoomed out version so you can see the support and resistance lines' basis and the trend line

2017年10月25日

注释

Here we can see that the support line successfully bounced up the price twice, I am ready for a coil up to test the short-term down-trend channel (personally expecting to break it and fly off as shown in the graph
We may see a dollar fall back after touching the down-trend resistance line but then we will break it with a bullish trend