WATCH...............LTC Breakout, is it looming?

in #litecoin7 years ago

Time to keep those eyes open. Just like BTC, Litecoin is now testing trendline support around the 112 area. LTC looks to be squeezing price in a triangle wedge. Look for a breakout to the southside or in the interim a bounce off support to test resistance.

LTCUSD - 01-04-18.PNG

Obviously news can dictate which direction price goes. But don't always assume that good news triggers buy orders and bad news triggers sells. I'm just saying.