Technical Analysis - Litecoin

in steem •  7 years ago 

As we expected yesterday we got a nice move up and will continue to see a bullish undertone for the next couple days until it test the downward trend line. I expect to see it retest this trend line one last time before breaking through on the upside and making its next big move up. It is still a good price to enter if you still haven't gotten in as there is plenty of upside potential.

www.tradingview.png

I will post a longterm trend analysis as well as a daily analysis for the top comment below tomorrow along with my daily update on Litecoin.

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Nice Post! I'm loading up on EOS. Thoughts?

I do not know much about EOS and their core values but looking at the charts expect the price to continue to rise for the next couple days and then see a drop out of the current flag pattern it is trading within. If you are loading up in EOS look for an entry point within the next couple days or week as the current trend will change and break out to the downside. I will post an analysis on EOS tomorrow as well as my thoughts on crypto. Hope your trades work out.

www.tradingview.png

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