I forsee the same trend in the previous bubble in 13/14.
We have bottomed out and using 200EMA as support.
Itchimoku cloud being slowly weaker, although a huge bear market clearly exists in LTC.
If we break 200EMA next support would be about 25$ but the R/R ratio here is very good.
A conservative price target for a long term hold would be 1500$.
Good luck.
We have bottomed out and using 200EMA as support.
Itchimoku cloud being slowly weaker, although a huge bear market clearly exists in LTC.
If we break 200EMA next support would be about 25$ but the R/R ratio here is very good.
A conservative price target for a long term hold would be 1500$.
Good luck.