Daily LTC outlook 09/01/2018

in litecoin •  7 years ago 

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hourly

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daily

on my last outlook some days ago I wrote:
Although from feeling i would prefer the upper side (also because it Shows of an inverted shs whichs target is at ~320)

Indeed it had a strong upmove, even if it couldn't fully reach 320.
Especially today markets showed weakness and fell even below 240. Lately 260 proved to be a strong resistance.

My advice is to watch it from the sideline and wait for clearer signals.
If I would have to make a guess I would slightly prefer the downside - maybe 200 could be a target.

just my 2 Cents and trade on your own risk

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