Only Bullish for LTC
*NOTE*
This is just a idea, not trading advice but to put my view on where LTC can go.
3 different Scenarios can play out for LTC. With so much bullish momentum, LTC is heading towards the upper part of the Symmetrical Triangle with some strong resistance at $194-$195.
1. Ultra bullish: Target price $205-$209
2. Very bullish: head and shoulders play out and we get a small pull back at $195 to $185 and come out to shoot for the top of the symmetrical triangle.
3. Bullish with a bearish outlook: confirm bottom around $170 or break down to $150 range to test double bottom.
Happy trading
This is just a idea, not trading advice but to put my view on where LTC can go.
3 different Scenarios can play out for LTC. With so much bullish momentum, LTC is heading towards the upper part of the Symmetrical Triangle with some strong resistance at $194-$195.
1. Ultra bullish: Target price $205-$209
2. Very bullish: head and shoulders play out and we get a small pull back at $195 to $185 and come out to shoot for the top of the symmetrical triangle.
3. Bullish with a bearish outlook: confirm bottom around $170 or break down to $150 range to test double bottom.
Happy trading
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