LTC/USD Breakout Above the Trendline is Expected
March 14, 2022
2 min read
LTC/USD Technical Analysis
- The break above Q L3 is expected
- M H3 is the first target
- M H4 the final target on daily
Daily Chart LTC/USD
- Swing low
- Swing high
- Entry zone
- Target
The LTC/USD is still bearish. However the price should be moving up. Breakout is expected. If we see a breakout then 121.45 is the next target. Above we should see 132.74. If the market manages to stay above the M L3 98.85 then bulls are in advantage. The price is at support and we should be seeing a bounce as cryptos are also becoming defensive assets.
Good trading,
Nenad Kerkez
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