This is LTC/BTC graph, and this has been a yearly long graph for LTC on a daily time frame. These trend lines indicate strong support and resistance zones, and this resistance is being re-tested 3rd time, and usually 3rd retest breaks the support/resistance trend lines. Looking forward for LTC to break this trend line on the LTC/BTC graph.
Price target currently for this breakout, if it happens is 0.005 and then 0.007
If the target of 0.005 LTC/BTC is achieved, then LTC should pretty easily break 300 USD price.
Price target currently for this breakout, if it happens is 0.005 and then 0.007
If the target of 0.005 LTC/BTC is achieved, then LTC should pretty easily break 300 USD price.