(Buy) Litecoin (LTC) Technical Analysis for April 27, 2018
Hello Traders,
In the top 10 most liquid coins, none is under-valued than Litecoin. It lags in MoM growth and that is why it needs to expand in valuation for it to catch up. Technically, there is no better time to buy Litecoin. In the 4HR chart we have a stochastic buy signal which is perfectly in sync with that of the weekly chart whose prices are oscillating within a bullish break out pattern.
You can buy now, place a stop loss below $140 and aim for $180 and later $230 assuming Litecoin buyers step up their buy pressure.
In the top 10 most liquid coins, none is under-valued than Litecoin. It lags in MoM growth and that is why it needs to expand in valuation for it to catch up. Technically, there is no better time to buy Litecoin. In the 4HR chart we have a stochastic buy signal which is perfectly in sync with that of the weekly chart whose prices are oscillating within a bullish break out pattern.
You can buy now, place a stop loss below $140 and aim for $180 and later $230 assuming Litecoin buyers step up their buy pressure.