Here’s what we’re looking at in today’s chart…:
Weak sellers brought price right into an area where the chart was telling us that big buyers would be waiting to buy (the big green candles on the left side of the chart). Professionally tailored suit and overpriced finance degree not required.
Overall, LTC is looking healthy. Still being real, anything can happen, but so far our analysis is playing out as expected. All good signs. No reason to sell yet.
Always measure your risk and be okay with being wrong ; )
I am expecting LTC to make a new all-time high by the New Year.