Litecoin going down to approx. 125 Euros or up to 250 Euros
Please ignore previous analysis.
Updated my analysis taking in consideration the LitePay event to be announced on February 26th.
We might see LTC reaching 250 Euros (Green arrow) if we break trough the resistance. Another possibility is that LTC goes down to 125 Euros if it breaks the dashed line (Red arrow).
Either way at this moment the MACD seems to be bearish as shown on the chart, so be careful making your decision.
Also when setting your stop loss keep it a bit under the blue line if you don't want it to be accidentally triggerred when it falls to support there.
Updated my analysis taking in consideration the LitePay event to be announced on February 26th.
We might see LTC reaching 250 Euros (Green arrow) if we break trough the resistance. Another possibility is that LTC goes down to 125 Euros if it breaks the dashed line (Red arrow).
Either way at this moment the MACD seems to be bearish as shown on the chart, so be careful making your decision.
Also when setting your stop loss keep it a bit under the blue line if you don't want it to be accidentally triggerred when it falls to support there.
Komentarz:
Resistance broken. Now going to 250 Euros