Quick upload for LTCUSD, looking into the Weekly chart, we see that LTC has momentum. - Stock_RSI still high and pointing upward. - Volume Declining (always a sign of a big move (Bullish or bearish) coming up - Ichimoku: - TS/KS Bull cross - Bullish Kumo opened and seems to have big Volume - Chikou Span Above PA. ****So immediate target is what we call a KUMO SHADOW. Please look it up if you are not familiar with Ichimoku Kinko Hyo
Target 200 USD, then we expect retracement but not drastic as the chart says( I need more candles to confirm the extend of the retracement)
Anyway, be careful with your investment and do not invest more than you can afford to loose.