Litecoin retracement incoming?
Based on history, whenever LTC is near to its ascending wedge resistance, it will retrace at least 35% to 39%. Right now LTC has touched the ascending resistance and I expect a retracement to around $250 is right around the corner. Previous RSI also indicates that it has touched the retracement signal region to further validate the incoming retracement.
After the retracement, I expect LTC to break its all time high.
Not financial advice.
After the retracement, I expect LTC to break its all time high.
Not financial advice.
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