Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.
As foreseen in the previous article, the 13 April break from its reversal pattern led Litecoin (LTC) to test the $114-zone over the last week. Still constricted by the shackles of its 20 EMA (red), LTC dived to retest its two-month trendline support (green).
A likely repetition of its historical tendencies would expose LTC to a reversal towards the $110-$112…
Source link
