📈 Daily TA: Litecoin (LTC/USD)

Hello, dear members of LeoFinance!

Today I am going to post another short update on the price chart of Litecoin.

So, in the daily time frame (1D), LTC/USD has smashed the ~~resistance~~ I and is resuming the Uptrend!: And, now I think LTC/USD is heading towards the local high from the summer of 2019 or approximately $140 per one digital coin.

As I mentioned in my previous analysis of LTC/USD, if a breakout occurs I will buy some Litecoins and hodl them. So, a breakout already took place, Litecon just smashed the resistance line! That's why I've got some Litecoins and am going to hold them.

To be continued ...

p.s. at the time of writing one Litecoin costs $82,24, according to TradingView.

A few words about me:

Just to let you know: I've been working professionally as a currency analyst for the last 14+ years, and as a cryptocurrency analyst for the last 3+ years.

Important!

Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.

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📈 Daily TA: Litecoin (LTC/USD) | 19-11-2020