Currently LTC is just below/on our first fib line, as well as about to touch the upper curved resistance line that has held us back from higher highs since ATH. While on the one hand this is concerning as it's certainly an area of strong resistance, it's also potentially bullish seeing as IF we can break through, it could trigger a much larger overall rally.
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Ltc is currently at around 51 dollars and is sitting ABOVE the resistance lines, could they turn to support? Or is there more bear to come
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.