Let us remind you of our previous prediction while was trading at $ 71.85
then we said that It's a good & healthy correction to get a higher range
(another relevant range above $100.00) then we mentioned the resistance areas
that should intersect as follow “It is expected that the digital currency (LTC),
in the event of a break of the $ 78.14 area, may target $ 85.19 levels to hit above 94.02.
You can go back to read >> “Litecoin (LTC) analysis” 11 Dec 2020
(LTC) is trading now at $ 131.79
Our view of the (LTC) is making new volume areas of trading above $ 120.00 areas.
Anyway, Our outlook is trading in a neutral direction
We do not recommend trading them at the moment until you trade with a specific clear trend.
So We advise buyers to place a stop loss below the $ 123.78 area.
AS Shown
The Chart Below
Prediction:
The digital currency (LTC), if breaking $ 123.78 areas,
may target $ 104.45 levels.
Remember that each bullish movement followed by pearish To test
the support areas in order to get a higher range.
Support & Resistance
Support: $ 123.78 - $ 104.45
Resistance: $ 139.47
