Litecoin Technical Analysis 10/1/2019
LTC/USD Technical analysis. First day of Q4.
Price seems to have finally slowed down near the $55 range after a harsh move down in the last week of September. Looking for more confirmation before entering any more positions. Very neutral for the time being. However, I think if price breaks $60, we could test the $66-$72 range rather quickly, but if price breaks $50 we will see a sharp move down possibly all the way near $34.
Long term I am still personally very bullish on this coin and have been stacking positions all year.
Price seems to have finally slowed down near the $55 range after a harsh move down in the last week of September. Looking for more confirmation before entering any more positions. Very neutral for the time being. However, I think if price breaks $60, we could test the $66-$72 range rather quickly, but if price breaks $50 we will see a sharp move down possibly all the way near $34.
Long term I am still personally very bullish on this coin and have been stacking positions all year.
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