Disclaimer: This is not a trade advise; this is for educational and informational purpose only. I hold long position in LTC.
LTC is possibly forming a triple bottom which is considered a powerful reversal pattern. If the pattern hold true, and breaks out the resistance, then it could reach $113 in short-mid term.
Please like and/or comment if you agree or disagree with my analysis.
Thanks.
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LTC is bouncing nicely from the support level with good volume in half a day of trade so far.
@Zenter, you must have heard that "The darkest hours are just before dawn." So just keep hope. But make sure you do your research.
Remember, ever dip in price is an opportunity to buy. Managing risk and preserving your capital are of utmost importance.