LTC oversold, 0.01 has strong support

in #litecoin8 years ago (edited)

ltc3.png

Trading volume has declined on LTC for the past few weeks. 0.01 has held firm even as BTC broke new all-time highs. Risk reward is very high with a stop at 980k and a target of 1400k satoshis. Buy in the 1000k-1100k range. Waiting for volume and volatility to return and this looks more likely to be to the upside, especially after yesterday's brief break of this long -term triangle.