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LTC in March – $120 or $5?
Some super simple, broad trend TA here.
No question LTC broke above of its descending resistance in a big way on February 8th. The next major question is what happens when it re-tests its current ascending support, likely in the month of March.
If the retest fails, we could be looking a ta precipitous drop to single digits.
On the other hand, if the test holds, the march back to $120 – along with the next Bull Market – could just around the corner.
No question LTC broke above of its descending resistance in a big way on February 8th. The next major question is what happens when it re-tests its current ascending support, likely in the month of March.
If the retest fails, we could be looking a ta precipitous drop to single digits.
On the other hand, if the test holds, the march back to $120 – along with the next Bull Market – could just around the corner.
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