RE: Litecoin back to $30s?

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Litecoin back to $30s?

in litecoin •  7 years ago 

It does have strong support at $40s so as long as that holds you'll see $50, but idk things looking like sideways trading now. This chart is based on a 3 month chart anyways so we won't know anything short term, haha. All the best.

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IMHO
The 3-month chart clearly shows it going up.

As long as $40s hold you're right, otherwise it completes the H&S formation and that will be bad cause if $40s break it will see low $30s.

Over all market, trend is in play here.
Good luck.