LTC has been sinking under the weight of a resistance line that goes back to February 2018--It's also been in a massive Falling Wedge. Breaking this resistance would undoubtedly draw a lot of attention. LTC is a coin we don't hear much about. Many see it as the "little irrelevant brother" to BTC. That may be, but the current state of the charts makes me at least interested in following how this plays out in the coming weeks. It feels worth it to me to enter a small LTC position here. This could pay dividends quickly as it could spike up about 15% (even without breaking resistance).
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly.
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly.
If you appreciated this analysis, consider Liking or Following. Thanks!