Litecoin is probably going down to test 39.60-45.50 region. May ultimately land in 32-33 range but would have to get through big support. Double bottom ran into a double top well before even the first fir retracement level of entire move from Dec 17 to Dec 18. Clearly big resistance at $100 where it recently failed. This was the first major low set in Feb 18.
Resistance - 83, 100, 115, 174, 221, 335 and 420.
Support - 70, 61, 52, 40.40, 37.66, 33.56
Will probably head higher after finding support and making a higher low for the first time in a long time. $270 area by end of year definitely possible.
Resistance - 83, 100, 115, 174, 221, 335 and 420.
Support - 70, 61, 52, 40.40, 37.66, 33.56
Will probably head higher after finding support and making a higher low for the first time in a long time. $270 area by end of year definitely possible.