Looking at Litecoin we can see a reversal from it's downtrend of the past 2 weeks. Price has made a succesfull break of structure which results in price going higher. You can also look at it as a breakout from a steep bull flag.
In order for price to go in to discovery we still need to break our first target with a succesful retest. Next key zone is the ATH of 2017 which can be a psychological price boundary. I have set my targets on the key levels as I like to trade litecoin based on S&R and key zones.
Not financial advice
In order for price to go in to discovery we still need to break our first target with a succesful retest. Next key zone is the ATH of 2017 which can be a psychological price boundary. I have set my targets on the key levels as I like to trade litecoin based on S&R and key zones.
Not financial advice