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RE: Daily Bitcoin / Steem Trading Systems Update / JANUARY 20, 2018

in #bitcoin7 years ago

LTC/USD
We had forecast a likely fall to $100 if Litecoin broke below $175.19. It rose from a low of $140.00 on Jan. 17.
For two days in a row, Jan. 16 and Jan. 17, the bears broke down below $175.19 but were unsuccessful in holding prices down.

If the bulls breakout of $205, a move to $225 is likely, where both the moving averages converge. This level is likely to act as a resistance.

We don’t find any reasonable trades on LTC/USD pair.