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LTC might have more room to go lower

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COINBASE:LTCUSD   Litecoin
Following smart money/institutions footprints, I see the possibility to go back $24 - $30.50, given there are still two weeks until Aug 1st, go all the way up to $48 is less likely. Today, LTC didn't move while BTC and ETH are all above 15% gain.

Target 1 would be ATH, take some profit if you like, but most likely will poke through without hesitation since it does not look like a consolidation area.

Target 2 would be $65 - $67. It is calculated based on bullish flag theory originally. We will see if this will pan out.

Please let me know what's your thoughts? Thank you.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.