LTC(2) - Litecoin to new highs

in cryptocurrency •  7 years ago 

As suspected from the previous Litecoin analysis, Litecoin closed above $235 and is now at a new all-time high of around $330.

Close above $235 from the last analysis which brought litecoin to new all-time highs. Here
LTC 60 Update.PNG

Litecoin is now highly overbought, however momentum is still high. There is some overhead resistance.

If Litecoin closes above $308 looks to be a buy still. However a close below $294 is a sell.

Here
LTC 60 new highs.PNG

With Litecoin's crazy momentum we might see $400 in the next few days.

*All technical charts are based on Bittrex LTC/USDT *

*DISCLAIMER: The author does not hold any positions in LTC *

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LTC broke below 294 it is a sell right now. support at 261 and 228.